LIV Golf is on the verge of collapse. Saudi Arabia's Public Investment Fund (PIF) — the sovereign wealth vehicle that has bankrolled the league since its 2022 launch — is reportedly reconsidering its financial commitment, sending shockwaves through the sport and to its own employees. The league has never turned a profit, having lost an estimated $1 billion since inception, and its inability to secure meaningful media rights deals has left it structurally outmatched by the PGA