Saudi fund cuts LIV Golf funding amid economic turmoil.
Saudi Arabia's Public Investment Fund is withdrawing financial support for the LIV Golf tour, citing "current macro dynamics" and shifting investment priorities. This move comes amid broader economic turmoil and conflict in the Middle East.
Public Investment Fund cites "current macro dynamics" as it slashes funding for breakaway golf tour. LIV isn't the only casualty of changing Saudi "investment priorities" amid economic turmoil and war in the Middle East.