Saudi Arabia's Public Investment Fund
Coverage of Saudi Arabia's Public Investment Fund in the Nexus archive.
- Dustin Johnson gives hilarious three-word answer when asked to share thoughts of LIV Golf losing its funding
Dustin Johnson, a top LIV Golf player, gave a dismissive 'Long LIV golf' response when asked about the league's financial uncertainty after Saudi Arabia's Public Investment Fund (PIF) cut funding beyond 2026. Johnson, who signed a $125 million LIV contract, remains unfazed due to his financial stability and career achievements.
- Scoop: How LIV Golf plans to stay alive
LIV Golf is seeking to raise up to $250 million from new investors after losing support from Saudi Arabia's Public Investment Fund. The league plans to share its fundraising plan with players and will be managed by Ducera Partners. LIV aims to reach profitability within 20 months if it secures the full investment.
- Why did Saudi Arabia pull its LIV Golf funding?
Saudi Arabia's Public Investment Fund (PIF) has announced it will withdraw funding from LIV Golf at the end of the season, prompting the golf league to seek new financial backers. Gabby Herzig of The Athletic discusses the implications of this decision.