Decision to walk away from $5bn investment comes as PIF governor says war on Iran accelerates pressure to 'reposition' investments

Reports and rumors circulated on Wednesday that the Saudi Public Investment Fund could soon pull funding from the PGA Tour competitor.

Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink

Decision to walk away from $5bn investment comes as PIF governor says war on Iran accelerates pressure to 'reposition' investments

Several leading names in golf face career limbo at the end of 2026 amid expectation Saudi Arabia will withdraw backing for the LIV Tour

Public Investment Fund withdraws support for rebel tour and other sports could be hit too with Newcastle United uncertain