LIV Golf to lay off majority of staff amid ‘compressed timeline’ for new investors

<ul><li><p>Saudi Arabia’s PIF have ended financial support</p></li><li><p>Chief executive working on deal but needs players’ buy-in</p></li></ul><p>LIV Golf informed the majority of its workforce on Wednesday that they will be laid off in the first week of September.</p><p>The news ⁠comes three days after the 2026 season concluded in Indianapolis and four months after Saudi Arabia’s Public Investment Fund announced it was <a href="https://www.theguardian.com/sport/2026/apr/30/end-for-liv-where-does-saudi-withdrawal-leave-golf-dechambeau-rahm-westwood">ending its financial support ⁠of the league</a> after ⁠spending more than $5bn over the past five years.</p> <a href="https://www.theguardian.com/sport/2026/aug/26/liv-golf-to-lay-off-majority-of-staff-amid-compressed-timeline-for-new-investors">Continue reading...</a>