Saudi Arabia’s Public Investment Fund is reportedly nearing a decision on whether to scale back its financial support for LIV Golf, signalling a potential shift in strategy for one of the most high-profile ventures in global sport.

The sovereign wealth fund, which has played a central role in establishing and funding the breakaway golf tour, is understood to be reviewing its long-term commitment as part of a broader evaluation of its investment priorities.

LIV Golf has attracted significant attention since its launch, drawing top players with lucrative contracts and introducing a new competitive format that challenged established tours.

The initiative has been widely seen as part of Saudi Arabia’s efforts to expand its global presence in sports and entertainment while diversifying its economy.

A reduction in funding would mark a notable development for the tour, which has relied heavily on sustained financial backing to maintain its operations and competitive positioning.

Industry observers note that any adjustment in support could influence player recruitment, event scheduling and the broader competitive balance within professional golf.

At the same time, discussions continue across the sport regarding potential collaboration or alignment between LIV Golf and traditional governing bodies, reflecting ongoing efforts to stabilise and unify the global golf ecosystem.

The Public Investment Fund’s deliberations highlight the evolving nature of large-scale sports investments, where financial considerations, strategic objectives and global market dynamics all play a role in shaping long-term decisions.