sports

Saudi Arabia to End LIV Golf Funding

Saudi Arabia will withdraw its multi-billion dollar backing of LIV Golf at the end of the season, according to BBC Sport.

The breakaway tour is set to announce a "new strategic plan" to find new financial investors, with sources indicating new board members will be confirmed. LIV remains hopeful of continuing as an international tour with a team model despite postponing its June event in New Orleans. mchezo.co.za

The series has lost over $1.1bn since its establishment in 2021, with the Saudi Public Investment Fund having invested more than $5bn overall.