LIV Golf: Is Saudi Arabia's sports revolution unravelling?

LIV Golf's last event was held in Mexico and won by Jon Rahm The decision by Saudi Arabia's sovereign wealth fund to stop bankrolling LIV Golf at the end of the season has plunged the future of the breakaway series into doubt. It has also posed questions over the country's many other sporting investments. After all, the kingdom has ploughed tens of billions of pounds over the past decade into establishing itself as a global sports hub, hosting an array of major events, from high-profile boxing fights and Formula 1 races, to tennis and horse racing. Most significantly, the kingdom will host the men's Fifa World Cup in 2034. So what does the Public Investment Fund's (PIF) withdrawal from LIV mean for the rest of their portfolio? Saudi Arabia to stop funding LIV Golf next season What now for Rahm, DeChambeau and LIV's biggest names? "PIF remains committed to deploying capital internationally in line with its investment strategy, including its substantial current and future investments in various sports as a priority sector." The final sentence of the statement released by PIF on Thursday when finally announcing it was pulling out of LIV Golf, ending weeks of intense speculation. The i