Nathan BomeyAdd Axios as your preferred source tosee more of our stories on Google.LIV Golf player Bryson DeChambeau competes during an event in South Africa in March. Photo: Johan Rynners/Getty ImagesThe Saudi sovereign wealth fund on Thursday confirmed it's withdrawing support for LIV Golf after the 2026 season. Why it matters: The move places the tour's future in jeopardy four years after it was launched as a splashy, well-capitalized competitor to the PGA Tour.Driving the news: The Public Investment Fund said in a statement that the "substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF's investment strategy.""This decision has been made in light of PIF's investment priorities and current macro dynamics," PIF said. "The LIV Golf Board has created a committee of independent directors to evaluate strategic alternatives for its future beyond PIF's funding horizon."A LIV Golf spokesperson did not immediately respond to a request for comment.The intrigue: PIF ultimately plunged more than $5 billion into LIV, according to Money in Sport. The investment helped the tour lure high-profile players like Bryson DeChambeau and Jon Rahm, but it failed to draw a sizable TV audience.What we're watching: Whether the PGA Tour allows LIV players to return.It recently provided a pathway for multiple notable players to come back, including major winner Brooks Koepka, but has suggested that future returnees will face a tougher path.