We have a new report to add to the growing pile of them over LIV Golf potentially shutting down: With a reported “emergency” meeting for LIV execs in New York City, there’s also more from a new article by the Financial Times.
“Saudi Arabia’s sovereign wealth fund is on the verge of cutting its support for LIV Golf,” it reads. “An announcement on the future of the kingdom’s involvement in LIV, which has racked up huge losses since being set up five years ago, could come as soon as Thursday.”
That would be stunning and could lead to the league folding. Earlier in the day, there was a report that the war in Iran was a factor that could lead to a declaration of Force Majeure “to pull the plug.”
It just seems more doom and gloom for the league as the day has gone on, although as Sergio Garcia said on Wednesday, he hasn’t heard anything definitive.
This article originally appeared on For The Win: LIV Golf announcement over funding getting pulled by PIF is coming
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