What's next for LIV Golf without its Saudi backers?

[p]The sources, who have knowledge of LIV Golf's business operations, said the circuit that features major ‌champions like [a href="https://www.flashscore.ca/player/dechambeau-bryson/vZG7Cn7s/"]Bryson DeChambeau[/a] and [a href="https://www.flashscore.ca/player/rahm-jon/h41jCwka/"]Jon Rahm[/a] will share the core ‌tenets of its strategic path forward on Thursday and the plan may include new ‌board members, leadership as well as invitations to secure long-term financial partners.[/p][p]According ‌to the sources, LIV Golf players and staff were made aware over the past two weeks that the PIF, which has poured more than $5 billion into the league, decided ‌to end its investment after the current season.[/p][p]LIV Golf ⁠is also engaging in "[b]constructive discussions[/b]" with ‌prospective global investors, the sources said, while adding the league remains committed to the ​team golf model.[/p][p]Two weeks ago, amid reports that the rebel circuit was on the verge of collapse, LIV Golf pushed back and said ​the remainder of its 2026 season would proceed as scheduled with the full backing of the PIF.[/p][p]Twice major champion DeChambeau stated his commitment to LIV ⁠Golf despite rumors the league ​could fold after 2026 in an interview with Flushing It Golf that was published last week.[/p][p]"[b]As long as LIV is here, I would figure out a way for it to make sense,[/b]" said DeChambeau, one of golf's biggest draws ‌and whose contract with LIV expires after this year.[/p][embed guid="aac8d5ce-8f83-437c-9eed-0b236e9ec5d5" url="https://www.youtube.com/watch?v=B7XRVgaDJrA" social-type="youtube" /][p]Earlier this week, Louisiana state officials said a LIV Golf event scheduled for New Orleans in June had been postponed with the league exploring a potential fall event instead.[/p][p]LIV Golf, which launched in 2022, is bankrolled by the PIF and critics have decried it as a vehicle for the country to attempt to improve its reputation in the face of criticism of its human rights record.[/p][p]The Saudi government denies accusations of human rights abuses.[/p][p]Through big-money contracts and lucrative purses, LIV managed ‌to lure a number of golf's biggest names, including DeChambeau, Rahm, [a href="https://www.flashscore.ca/player/mickelson-phil/QylCNJeL/"]Phil Mickelson[/a], [a href="https://www.flashscore.ca/player/johnson-dustin/UqNejxuE/"]​Dustin Johnson[/a], [a href="https://www.flashscore.ca/player/koepka-brooks/t0xtKfZH/"]Brooks Koepka[/a] and [a href="https://www.flashscore.ca/player/reed-patrick/OtRhqCKL/"]Patrick Reed[/a].[/p][p]But in recent months, LIV ‌has lost some notable names like five-time major winner Koepka and former Masters champion Reed. Koepka rejoined the PGA Tour as part of a limited Returning Member Program while Reed plans to return to PGA Tour competition later this year and reinstate his membership for the 2027 ⁠season.[/p][embed guid="522c8795-8500-47ea-97fc-fb297c2423e2" url="https://x.com/_AllGolf/status/2049690310259687816" social-type="twitter" /]