Golf-LIV Golf seeking $350 million in funding after losing Saudi PIF backing, say sources
Published on: May 21, 2026, 11:05 p.m. | Source: Devdiscourse
LIV Golf is seeking up to $350 million in new investment and plans to shrink to a 10-event schedule while giving players equity stakes in a bid to survive the loss of its Saudi sovereign wealth fund backing after 2026, sources told Reuters on Thursday. Investment bank Ducera Partners, which is advising LIV Golf, began presenting the plan to potential backers on Thursday, the sources said.
