LIV Golf board approves new lead investor to replace Saudi funding

LIV Golf’s board approved a new partnership with an unnamed investor, a move that will replace the previously announced Saudi Arabia‑based deal. The decision was reached during a recent board meeting, where executives confirmed that the new investment will provide the necessary funding and strategic support for the tour’s expansion plans.

The unnamed investor is expected to bring both capital and expertise to LIV Golf, allowing the organization to continue its global growth strategy and maintain its competitive edge in the professional golf landscape. While details of the agreement remain confidential, the board emphasized that the partnership aligns with the tour’s long‑term objectives and will help sustain its operations without relying on the Saudi-backed arrangement.

With the new agreement in place, LIV Golf will proceed with its planned initiatives, including tournament scheduling and player development programs. The board’s decision underscores the tour’s commitment to securing stable, diversified funding sources as it navigates a rapidly evolving sports environment.