LIV Golf Has New Chairman, Seeks New Funding Without Saudi Backing

May 1, 2026 4:42 am

 

LIV Golf has a new chairman and a new strategy to move forward after Saudi Arabian funding ends after this year. That Saudi funding is what allowed the rival league to launch four years ago by offering nine-figure contracts to top stars and $30 million prize funds. Yasir Al-Rumayyan is no longer chairman of LIV Golf. He’s the Public Investment Fund governor who was behind the creation of LIV Golf. The league is turning to Gene Davis and Jon Zinman to lead the new direction. The development comes during a week when LIV Golf postponed next month’s even in New Orleans.