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Saudi Arabia's Public Investment Fund walking away from LIV Golf

Senior foreign affairs correspondent Greg Palkot reports as Saudi Arabia's Public Investment Fund plans to withdraw billions from LIV Golf by the end of 2026, putting the league's future in doubt.

Saudi Arabia's Public Investment Fund is withdrawing billions from LIV Golf at the end of the 2026 season, casting a shadow over the upstart golf league's future. Greg Palkot reports that the PIF had invested over $5 billion to rival the PGA Tour, attracting top players like Phil Mickelson. With this funding cut, LIV Golf now seeks new global investors to secure its long-term viability.