PIF injects $267m into LIV Golf as total backing nears $6bn
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The Public Investment Fund (PIF) has approved an additional $267 million in funding for LIV Golf, pushing its total financial backing of the league to approximately $5.3 billion and reinforcing Saudi Arabia’s long-term strategy in global sport.
The fresh capital injection, authorized by PIF Governor Yasir Al Rumayyan, follows sustained spending across 2024 and 2025. Funding has averaged around $100 million per month, structured through rolling capital injections rather than a single annual allocation.
The increased investment comes as operational costs continue to rise. Prize money per tournament has climbed from $25 million to $32.3 million, significantly increasing the league’s financial commitments as it seeks to expand its competitive footprint and global visibility.
If the current pace of funding continues, total support for 2026 alone could reach $1.2 billion, potentially lifting cumulative PIF investment in LIV Golf beyond the $6 billion mark.
The latest move underscores PIF’s broader strategy of leveraging sport as a vehicle for international engagement, commercial growth, and long-term portfolio diversification, with LIV Golf remaining one of its most high-profile global ventures.
