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President Donald Trump gave his thoughts on LIV golfers potentially rejoining the PGA Tour amid the Saudis officially ending their funding for LIV.
May 5 : Six-times major champion Phil Mickelson has withdrawn from next week's PGA Championship due to a personal health matter with his family, tournament organisers said on Tuesday.
STERLING, Va. — Six-time major champion Phil Mickelson won't compete in the LIV Golf League tournament that starts Thursday at Trump National Golf Club, but he is listed in the field for next week's PGA Championship.
PGA Tour announcer Doug Bell discusses reports that the Saudi Public Investment Fund will cease funding the LIV Golf league after the current season, jeopardizing its future. LIV Golf has incurred reported losses between $6 and $9 billion since its 2021 launch, surprising many agents and players. This significant financial shift underscores a broader reevaluation of investment priorities by Saudi Arabia.
With LIV Golf in search of new funding partnerships, the league announced that New York-based Ducera Partners LLC will serve as an investment banking advisor as it seeks financial stability moving forward.
Following the collapse of LIV Golf Dan reacts to Stephen A Smith saying the PGA created a lot of their own issues. Dan says we can't be mad at Phil Mickelson for identifying those issues on his own and deciding to jump to LIV.
April 30 : Saudi Arabia's Public Investment Fund, which has spent more than $5 billion on LIV Golf since it launched in 2022, said on Thursday that investing in the league no longer fits with its investment strategy.
April 30 : LIV Golf moved quickly to establish a new direction on Thursday after confirmation that Saudi backing for the rebel circuit is set to end, announcing a new board and the search for new long-term financial partners.