Type: fundraising

LIV Golf Plans to Raise Up to $350 Million from Investors Following Withdrawal of PIF Support

05/21/2026, 08:15 AM business fundraising
LIV Golf is seeking to raise between $250 million and $350 million from investors to sustain operations after Saudi Arabia's Public Investment Fund announced it would cease funding after the 2026 season. This capital raise is critical for the league's future, especially as it faces challenges in achieving profitability and managing substantial player contract obligations.