The move marks a major shift for the breakaway tour, which launched in 2022 with heavy Saudi backing. The PIF has poured billions of dollars into the league, helping lure big-name players such as Jon Rahm and Bryson DeChambeau on huge contracts and prize purses of up to $25 million per event.
Recent reports suggest the decision comes amid growing financial pressure, including losses of more than $1.4 billion tied to LIV Golf, relatively low TV audiences in the United States, and a broader shift by the fund towards domestic projects and investments with higher returns.
PIF governor Yasir Al-Rumayyan, a key figure in setting up LIV Golf, is also expected to step down as chairman of the league.
LIV Golf CEO Scott O'Neil has confirmed the funding will end after 2026 but says the organisation is looking at other options, including private investment and new sponsorship deals, to keep the tour going beyond that point. The league is still expected to operate normally through the 2026 season.
The news comes after weeks of speculation and follows the breakdown of earlier merger talks with the PGA Tour.
Industry observers say replacing the level of Saudi backing will be extremely difficult, leaving uncertainty over the long-term future of LIV Golf and its current structure.
Bryson DeChambeau has reaffirmed his commitment to LIV Golf amid ongoing speculation about his future, saying he intends to remain with the league if it continues beyond this season.
According to a new report, Bryson DeChambeau reportedly used his time at the Masters earlier this month to explore a potential return to the PGA Tour.
Jon Rahm says he is not "too worried" about the future of LIV Golf amid growing speculation surrounding the breakaway circuit's finances.
LIV Golf chief executive Scott O'Neil has moved to quash rumours that the breakaway circuit is on the verge of collapse, insisting the 2026 season will go ahead "as planned and uninterrupted".
