LIV Golf has officially announced its intention to shut down, according to a report from Golf Channel cited by Awful Announcing on Friday. The Saudi-backed golf league, which launched in 2022 as a rival to the PGA Tour, confirmed the decision though specific details regarding the timeline and reasons were not immediately disclosed.
The league, funded by Saudi Arabia's Public Investment Fund, had signed several high-profile players with lucrative contracts and held events across multiple continents. Its emergence sparked significant controversy and legal battles within professional golf before a framework agreement was announced between the PGA Tour and PIF in June 2023.
