Report: PIF's LIV Golf spending tops $5.3B with latest capital infusion

The Saudi Public Investment Fund injected another $266.6 million of capital into LIV Golf this month, with total investment in the spinoff golf league headed beyond $6 billion by the end of this year, Money In Sport reported Monday.

The most recent investment was approved by Governor Yasir Al Rumayyan on Feb. 1, according to the report.

PIF has now invested $5.3 billion in the breakaway tour since its inception in 2022. The added funds come in the wake of players like Brooks Koepka and Patrick Reed leaving LIV to return to the PGA Tour.

Koepka has already resumed his PGA career, while Reed will do the same later this year.

The report indicated that PIF has made regular injections of capital into LIV Golf as net spending has averaged $100 million per month over the last two years. That strategy is expected to continue in 2026, which would mean at least another $1.2 billion invested this year alone at the current rate.

LIV has increased tournament purses this year, adding another $65 million to expenses. Each tournament will see an increase of $7.3 million in prize money to $32.3 million total per event. The increase in prize money primarily will go to LIV Golf's weekly team competitions.

--Field Level Media