Move comes after Saudi Arabia’s Public Investment Fund announces it will stop bankrolling breakaway golf circuit after the 2026 season.

LIV Golf is seeking new investors as PIF is expected to stop funding the league after this season.

Golf's Asian Tour on Wednesday said it had axed a planned increase in prize money for this week's Korea Open, just weeks after announcing a $500,000 cash boost from LIV Golf.

Move comes after Saudi Arabia’s Public Investment Fund announces it will stop bankrolling breakaway golf circuit after the 2026 season.