PIF - Sports News, Headlines & Highlights

LIV players meet amid murky outlook for tourThe future of LIV Golf was the topic of discussion among the team captains and tour executives and then in a players-only get-together on Tuesday in Bedminster, N.J.,The meetings came ahead of the LIV Golf New York event that begins Thursday at Trump National Golf Club Bedminster.,Questions about th...

Report: LIV Golf sued for $1.13M by technology companyMobii Systems Group Ltd., which provided the "Any Shot, Any Time" live features during LIV Golf's broadcasts, sued golf league for $1.13 million last week, referencing unpaid invoices and lost revenue, ESPN reported.,The lawsuit, filed in U.S. District Court in Miami on Friday, claims that LIV did n...

Reports: LIV Golf running on loans to finish 2026 seasonAmid LIV Golf's uncertain financial future, the Money in Sport newsletter reported Thursday that recent company filings show the league is operating on loans -- not capital -- to attempt to finish out the 2026 season.,Saudi Arabia's Public Investment Fund announced in April it would bankroll LIV onl...

Report: PIF has only funded a third of what LIV Golf needs for '26

Saudi Arabia's Public Investment Fund, which is pulling funding from LIV Golf after this year, has only provided a third of what the circuit requires to make it through the rest of this season, the Financial Times reported Thursday.,LIV Golf needs $600 million to cover the remainder of the 2026 sche...

LIV Golf CEO taking PIF ‘at their word’ to fund remainder of ‘26 season

LIV Golf CEO Scott O'Neil cannot guarantee that the Saudi Arabia Public Investment Fund would fund the remainder of the league's 2026 season, but he said LIV was glad to take the investors at their word.,O'Neil was interviewed on CNBC Tuesday, several weeks after the PIF confirmed they were pulling ...

Bryson DeChambeau remains optimistic on future of LIV Golf

Bryson DeChambeau admitted that several LIV golfers were caught off guard after Saudi Arabia's Public Investment Fund announced its financial commitment will end at the conclusion of the 2026 season.,"We were surprised that they pulled out as quickly as they did," DeChambeau said on Tuesday, two day...

Reports: LIV pitching 10-event, international schedule to investors

LIV Golf is pitching a reduced 10-event international schedule to potential investors, Sportico and CNBC reported.,The league reportedly is seeking $250 million to $350 million in funding to continue operations beyond this year after Saudi Arabia's Public Investment Fund announced its financial comm...

LIV Golf hires investment bank to advise on new multi-partner model

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.,Saudi Arabia's Public Investment Fund already has announced it will end financial support of L...