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Deadspin | LIV Golf seeks ‘long-term financial partners’ as Saudi Arabia’s PIF confirms exit   [US, Mexico & Canada customers only] Feb 5, 2026; Riyadh, SAUDI ARABIA;  Bryson DeChambeau   in action during the second round of play at LIV Golf Riyadh at the Riyadh Golf Club. Mandatory Credit: Reuters via Imagn Images   LIV Golf plans to continue without the financial backing of Saudi Arabia’s Public Investment Fund, touting “100% year over year” financial growth in 2026.   The Public Investment Fund (PIF) formally announced it would end financial support of LIV Golf at the end of the 2026 season.  “PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season,” a PIF statement read Thursday. “The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.”  Under a reshaped model, LIV established a new, independent board and envisions further commercial agreements to stabilize the intended PGA Tour competitor.   “LIV Golf is transitioning from a foundational launch phase to a diversified, multi-partner investment model, with a formal process underway to attract long-term financial partners,” the circuit said in a statement Thursday, hours after learning the financial underpinning from the PIF was ended.    Signs of a fracture in the PIF-LIV emerged earlier this year and simmered to the surface last week, when ESPN obtained an email LIV CEO Scott O’Neil sent to staff claiming the 2026 season will continue “exactly as planned, uninterrupted and at full throttle.” He made no mention of LIV’s future beyond 2026, however.  LIV said the new board will be headed by Eugene Davis, the Chairman and Chief Executive Officer of PIRINATE Consulting Group LLC and Jon Zinman, the founder and managing member of JZ Advisors LLC. They are tasked primarily with “institutionalizing the league, formalizing its ownership structure, and evaluating the range of strategic opportunities,” LIV Golf said Thursday.  Founded in 2021, LIV Golf made its debut in June 2022 and used lavish, guaranteed contracts to lure dozens of stars like Dustin Johnson, Phil Mickelson, Jon Rahm and Bryson DeChambeau away from the PGA. PIF has provided LIV with more than $5 billion, but the league has reportedly lost millions of dollars per year. Earlier this month, Yasir Al-Rumayyan, PIF’s governor and LIV’s main financial backer, shared a plan for the kingdom to cut back on international investments and focus on more domestic projects.  DeChambeau, Cameron Smith and Rahm reportedly turned down the opportunity to return to the PGA Tour earlier this year. According to MSN.com, some LIV players have reached out to the DP World Tour.  –Field Level Media    #Deadspin #LIV #Golf #seeks #longterm #financial #partners #Saudi #Arabias #PIF #confirms #exit

Deadspin | LIV Golf seeks ‘long-term financial partners’ as Saudi Arabia’s PIF confirms exit
Deadspin | LIV Golf seeks ‘long-term financial partners’ as Saudi Arabia’s PIF confirms exit   [US, Mexico & Canada customers only] Feb 5, 2026; Riyadh, SAUDI ARABIA;  Bryson DeChambeau   in action during the second round of play at LIV Golf Riyadh at the Riyadh Golf Club. Mandatory Credit: Reuters via Imagn Images   LIV Golf plans to continue without the financial backing of Saudi Arabia’s Public Investment Fund, touting “100% year over year” financial growth in 2026.   The Public Investment Fund (PIF) formally announced it would end financial support of LIV Golf at the end of the 2026 season.  “PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season,” a PIF statement read Thursday. “The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.”  Under a reshaped model, LIV established a new, independent board and envisions further commercial agreements to stabilize the intended PGA Tour competitor.   “LIV Golf is transitioning from a foundational launch phase to a diversified, multi-partner investment model, with a formal process underway to attract long-term financial partners,” the circuit said in a statement Thursday, hours after learning the financial underpinning from the PIF was ended.    Signs of a fracture in the PIF-LIV emerged earlier this year and simmered to the surface last week, when ESPN obtained an email LIV CEO Scott O’Neil sent to staff claiming the 2026 season will continue “exactly as planned, uninterrupted and at full throttle.” He made no mention of LIV’s future beyond 2026, however.  LIV said the new board will be headed by Eugene Davis, the Chairman and Chief Executive Officer of PIRINATE Consulting Group LLC and Jon Zinman, the founder and managing member of JZ Advisors LLC. They are tasked primarily with “institutionalizing the league, formalizing its ownership structure, and evaluating the range of strategic opportunities,” LIV Golf said Thursday.  Founded in 2021, LIV Golf made its debut in June 2022 and used lavish, guaranteed contracts to lure dozens of stars like Dustin Johnson, Phil Mickelson, Jon Rahm and Bryson DeChambeau away from the PGA. PIF has provided LIV with more than $5 billion, but the league has reportedly lost millions of dollars per year. Earlier this month, Yasir Al-Rumayyan, PIF’s governor and LIV’s main financial backer, shared a plan for the kingdom to cut back on international investments and focus on more domestic projects.  DeChambeau, Cameron Smith and Rahm reportedly turned down the opportunity to return to the PGA Tour earlier this year. According to MSN.com, some LIV players have reached out to the DP World Tour.  –Field Level Media    #Deadspin #LIV #Golf #seeks #longterm #financial #partners #Saudi #Arabias #PIF #confirms #exit[US, Mexico & Canada customers only] Feb 5, 2026; Riyadh, SAUDI ARABIA; Bryson DeChambeau in action during the second round of play at LIV Golf Riyadh at the Riyadh Golf Club. Mandatory Credit: Reuters via Imagn Images

LIV Golf plans to continue without the financial backing of Saudi Arabia’s Public Investment Fund, touting “100% year over year” financial growth in 2026.

The Public Investment Fund (PIF) formally announced it would end financial support of LIV Golf at the end of the 2026 season.

“PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season,” a PIF statement read Thursday. “The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.”

Under a reshaped model, LIV established a new, independent board and envisions further commercial agreements to stabilize the intended PGA Tour competitor.


“LIV Golf is transitioning from a foundational launch phase to a diversified, multi-partner investment model, with a formal process underway to attract long-term financial partners,” the circuit said in a statement Thursday, hours after learning the financial underpinning from the PIF was ended.

Signs of a fracture in the PIF-LIV emerged earlier this year and simmered to the surface last week, when ESPN obtained an email LIV CEO Scott O’Neil sent to staff claiming the 2026 season will continue “exactly as planned, uninterrupted and at full throttle.” He made no mention of LIV’s future beyond 2026, however.

LIV said the new board will be headed by Eugene Davis, the Chairman and Chief Executive Officer of PIRINATE Consulting Group LLC and Jon Zinman, the founder and managing member of JZ Advisors LLC. They are tasked primarily with “institutionalizing the league, formalizing its ownership structure, and evaluating the range of strategic opportunities,” LIV Golf said Thursday.

Founded in 2021, LIV Golf made its debut in June 2022 and used lavish, guaranteed contracts to lure dozens of stars like Dustin Johnson, Phil Mickelson, Jon Rahm and Bryson DeChambeau away from the PGA. PIF has provided LIV with more than $5 billion, but the league has reportedly lost millions of dollars per year. Earlier this month, Yasir Al-Rumayyan, PIF’s governor and LIV’s main financial backer, shared a plan for the kingdom to cut back on international investments and focus on more domestic projects.

DeChambeau, Cameron Smith and Rahm reportedly turned down the opportunity to return to the PGA Tour earlier this year. According to MSN.com, some LIV players have reached out to the DP World Tour.


–Field Level Media

#Deadspin #LIV #Golf #seeks #longterm #financial #partners #Saudi #Arabias #PIF #confirms #exit

[US, Mexico & Canada customers only] Feb 5, 2026; Riyadh, SAUDI ARABIA; Bryson DeChambeau in action during the second round of play at LIV Golf Riyadh at the Riyadh Golf Club. Mandatory Credit: Reuters via Imagn Images

LIV Golf plans to continue without the financial backing of Saudi Arabia’s Public Investment Fund, touting “100% year over year” financial growth in 2026.

The Public Investment Fund (PIF) formally announced it would end financial support of LIV Golf at the end of the 2026 season.

“PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season,” a PIF statement read Thursday. “The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.”

Under a reshaped model, LIV established a new, independent board and envisions further commercial agreements to stabilize the intended PGA Tour competitor.

“LIV Golf is transitioning from a foundational launch phase to a diversified, multi-partner investment model, with a formal process underway to attract long-term financial partners,” the circuit said in a statement Thursday, hours after learning the financial underpinning from the PIF was ended.

Signs of a fracture in the PIF-LIV emerged earlier this year and simmered to the surface last week, when ESPN obtained an email LIV CEO Scott O’Neil sent to staff claiming the 2026 season will continue “exactly as planned, uninterrupted and at full throttle.” He made no mention of LIV’s future beyond 2026, however.

LIV said the new board will be headed by Eugene Davis, the Chairman and Chief Executive Officer of PIRINATE Consulting Group LLC and Jon Zinman, the founder and managing member of JZ Advisors LLC. They are tasked primarily with “institutionalizing the league, formalizing its ownership structure, and evaluating the range of strategic opportunities,” LIV Golf said Thursday.

Founded in 2021, LIV Golf made its debut in June 2022 and used lavish, guaranteed contracts to lure dozens of stars like Dustin Johnson, Phil Mickelson, Jon Rahm and Bryson DeChambeau away from the PGA. PIF has provided LIV with more than $5 billion, but the league has reportedly lost millions of dollars per year. Earlier this month, Yasir Al-Rumayyan, PIF’s governor and LIV’s main financial backer, shared a plan for the kingdom to cut back on international investments and focus on more domestic projects.

DeChambeau, Cameron Smith and Rahm reportedly turned down the opportunity to return to the PGA Tour earlier this year. According to MSN.com, some LIV players have reached out to the DP World Tour.

–Field Level Media

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Saudi Arabia to end LIV Golf funding this year: reports <div id="content-body-70923097" itemprop="articleBody"><p>Saudi Arabia’s sovereign wealth fund will stop financing LIV Golf at the end of the 2026 season, throwing the future of the breakaway tour into serious doubt, US media reported Wednesday.</p><p>LIV Golf, founded in 2022 as a main rival to the PGA Tour, plans to inform staff and players on Thursday that the Saudi Public Investment Fund will no longer bankroll the circuit beyond this summer, the Wall Street Journal said.</p><p>The league, which spent billions of Saudi dollars to lure many of the world’s top players including Bryson DeChambeau and Phil Mickelson, will “evaluate strategic alternatives” to continue operating, CNBC reported.</p><p>Both the Wall Street Journal and CNBC cited multiple anonymous sources. LIV Golf did not comment when repeatedly contacted by AFP.</p><p>Reports first emerged earlier this month that the breakaway tour was on the verge of collapse due to the possible withdrawal of Saudi financing.</p><p>LIV’s deep-pocketed backers in Riyadh were rumoured to have cooled on the extravagantly expensive project, which has reportedly cost them over $5 billion so far.</p><p>LIV Golf CEO Scott O’Neil refuted the reports, vowing to continue the season “full throttle,” though he conceded the league would “probably” have to raise money going forward.</p><p>A collapse of LIV Golf could jeopardize the careers and earnings of its star players.</p><p>The likes of DeChambeau defected from the PGA Tour in acrimonious circumstances, and may face severe penalties if they try to return.</p><p>“There were rules, and they were broken,” PGA Tour chief executive Brian Rolapp told the Journal this week. “With rules comes accountability.”</p><p>LIV Golf this week postponed its planned June tournament in New Orleans on Tuesday, with officials saying they hope to reschedule an event for later this year.</p><p>LIV’s next tournament is set for May 7-10 at Trump National in suburban Washington.</p><p>Its final scheduled tournament this season is set to take place in Indianapolis from August 20-23.</p><p class="publish-time" id="end-of-article">Published on Apr 30, 2026</p></div> #Saudi #Arabia #LIV #Golf #funding #year #reports

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The first game of NFL preseason had no right to be that good. The Panthers and Cardinals gave us a Hall of Fame classic on Thursday night that came down to the final play, with rookie quarterback Haynes King rushing for a touchdown as time expired to give Carolina the win. Not only was the level of play much higher than anyone expected, but there was plenty of drama along the way.

Whenever there’s a national game like there are overreactions, especially in preseason. Let’s dive into what we’re all reacting to after Panthers-Cardinals.

No. 1: Haynes King is coming for Bryce Youngs job

There is no question Haynes King was a standout performer on Thursday night at QB, with the rookie showing poise in the pocket, an ability to move the chains, and scoring three touchdowns for the Panthers, including the game-winner.

King is third on the QB depth chart in Carolina behind Bryce Young and Kenny Pickett — and he could very well push Pickett for the backup job, but the idea he’ll supplant the starter is ridiculous. No matter how great that performance was, the rookie had been struggling in training camp up to this point, particularly with his decision making. So while it’s tempting to glean too much info from preseaon, we also need to pump the brakes on getting too hyped over watching King succeed against the Cardinals depth defenders.

If Carolina is able to land a long-term backup in King it will still be a massive win for them.

No. 2: Carson Beck is a superstar in the making

We had a standout performance from Carson Beck, with the rookie really showing off both the velocity of his arm in tight windows and some touch in small spaces where needed. It led to a lot of people getting so blown away with the performance that things got a little carried away, annointing Beck as a star in the making, a draft steal, and the reason the Cardinals won’t be picking a QB in 2027.

Let’s chill out on taking it this far. Beck had a really good game, but the Panthers defense was a mess in the secondary. Carolina started their deep-depth players and guys on the back-end of the roster, with the defense not even being called by coordinator Ejiro Evero. Beck still needed to make the throws, but the bulk of his yards came on busted coverage and throwing into giant gaping windows.

We’ll need to see that same level performance against a real defense before we can even begin the discussion in earnest.

No. 3: The Panthers pass defense is in trouble

This dovetails off the discussion of Carson Beck, because, as mentioned, there were a ton of mitigating factors here. Not only did Carolina start their extreme depth, but they didnt have their defensive coordinator use any situational playcalling. Instead they more or less sat in their base shell and allowed the defense to pick them apart.

Not that you ever want your team getting destroyed in the passing game, but it’s too early to panic.

No. 4: Getting too carried away with two receivers

On each side of the ball we had a receiver who turned heads and got people a little too excited, a little too quickly. Arizona’s Jalen Brooks and Carolina’s Ja’Seem Reed coninuted their good training camp reports with solid games, but people are getting a little carried away with both at this point.

Brooks is a former 7th rounder who struggled to hold a back-end roster spot with the Cowboys, and Reed is a UDFA. That doesn’t mean they won’t have success, but the talk after the game was whether or not these guys could become top-four rotation receivers.

If they make the 53 it will be a major achievement for either. That’s still the expectation here, and should be how we think about these players.

#overreactions #PanthersCardinals #Hall #Fame #banger">4 overreactions from the Panthers-Cardinals Hall of Fame banger  The first game of NFL preseason had no right to be that good. The Panthers and Cardinals gave us a Hall of Fame classic on Thursday night that came down to the final play, with rookie quarterback Haynes King rushing for a touchdown as time expired to give Carolina the win. Not only was the level of play much higher than anyone expected, but there was plenty of drama along the way.Whenever there’s a national game like there are overreactions, especially in preseason. Let’s dive into what we’re all reacting to after Panthers-Cardinals.No. 1: Haynes King is coming for Bryce Youngs jobThere is no question Haynes King was a standout performer on Thursday night at QB, with the rookie showing poise in the pocket, an ability to move the chains, and scoring three touchdowns for the Panthers, including the game-winner.King is third on the QB depth chart in Carolina behind Bryce Young and Kenny Pickett — and he could very well push Pickett for the backup job, but the idea he’ll supplant the starter is ridiculous. No matter how great that performance was, the rookie had been struggling in training camp up to this point, particularly with his decision making. So while it’s tempting to glean too much info from preseaon, we also need to pump the brakes on getting too hyped over watching King succeed against the Cardinals depth defenders.If Carolina is able to land a long-term backup in King it will still be a massive win for them.No. 2: Carson Beck is a superstar in the makingWe had a standout performance from Carson Beck, with the rookie really showing off both the velocity of his arm in tight windows and some touch in small spaces where needed. It led to a lot of people getting so blown away with the performance that things got a little carried away, annointing Beck as a star in the making, a draft steal, and the reason the Cardinals won’t be picking a QB in 2027.Let’s chill out on taking it this far. Beck had a really good game, but the Panthers defense was a mess in the secondary. Carolina started their deep-depth players and guys on the back-end of the roster, with the defense not even being called by coordinator Ejiro Evero. Beck still needed to make the throws, but the bulk of his yards came on busted coverage and throwing into giant gaping windows.We’ll need to see that same level performance against a real defense before we can even begin the discussion in earnest.No. 3: The Panthers pass defense is in troubleThis dovetails off the discussion of Carson Beck, because, as mentioned, there were a ton of mitigating factors here. Not only did Carolina start their extreme depth, but they didnt have their defensive coordinator use any situational playcalling. Instead they more or less sat in their base shell and allowed the defense to pick them apart.Not that you ever want your team getting destroyed in the passing game, but it’s too early to panic.No. 4: Getting too carried away with two receiversOn each side of the ball we had a receiver who turned heads and got people a little too excited, a little too quickly. Arizona’s Jalen Brooks and Carolina’s Ja’Seem Reed coninuted their good training camp reports with solid games, but people are getting a little carried away with both at this point.Brooks is a former 7th rounder who struggled to hold a back-end roster spot with the Cowboys, and Reed is a UDFA. That doesn’t mean they won’t have success, but the talk after the game was whether or not these guys could become top-four rotation receivers.If they make the 53 it will be a major achievement for either. That’s still the expectation here, and should be how we think about these players.  #overreactions #PanthersCardinals #Hall #Fame #banger

Ranjit Bajaj has decided against taking up the India Under-15 men’s national team manager’s role alongside head coach Bibiano Fernandes for the inaugural FIFA U-15 World Cup and Festival in Azerbaijan in October, Minerva Academy founder-director announced on his Instagram handle.

Bajaj’s reason is that the he and Bibiano have different footballing philosophies and putting them together would not be in the team’s best interest.

Bajaj, who was approved as the team manager by the AIFF Executive Committee following the appointment of Fernandes as head coach, said he was deeply unhappy with the decision and believed the team could suffer if its key personnel were not aligned in their approach.

“People are congratulating me but I am not happy. I am very unhappy. This is the worst thing they could have done,” Bajaj said in a post on his Instagram handle.

Explaining the rationale behind his decision, Bajaj said the AIFF had appointed him and Fernandes together despite their contrasting styles and visions, though he made it clear that his decision was not a personal issue with the head coach.

“You people (AIFF) appointed me and Bibiano (Fernandes) together. I don’t have any problems with Bibiano but I have a problem because of different playing styles and different visions,” he said.

Bajaj said the difference was fundamental, with his preferred approach built around an aggressive, attacking game while Fernandes’ methods were more defensive.

“From low block defensive style to high press attacking style, getting into opposition territory and smashing them are completely different styles. It’s not about me or Bibiano. If two people are not on same page, then team suffers,” he said.

The Minerva founder also questioned the circumstances of his appointment, saying the federation had turned to him despite their differences because of his team’s success and the process behind it.

“Also you called me because you didn’t have an option. It is not as if there are world famous coaches at your disposal. So you summoned your biggest critic, biggest hater and maybe because my team (Minerva) wins,” Bajaj said.

He also suggested that Fernandes should have been given charge of the U-15 side earlier if the AIFF had intended to make him the head coach, while urging supporters to back the former India youth coach.

“Even if you guys wanted to give Bibiano the charge, you should have given it one year back. Okay, if you given him now, I request fans, we should support Bibiano,” Bajaj said.

The AIFF Executive Committee, on the recommendation of its Technical Committee, had approved Fernandes’ appointment as head coach, subject to his acceptance, for the inaugural FIFA U-15 World Cup and Festival scheduled to be held in Azerbaijan in October.

Bajaj had earlier volunteered on social media to take charge of the team, but had made it conditional on being allowed to appoint his own coaching staff.

The inaugural tournament will feature all 211 FIFA member associations, including India. It will be played in an 8-a-side format on smaller customised pitches, with matches consisting of two 20-minute halves. Each team can register 14 players, including up to two goalkeepers.

(With PTI inputs)

Published on Aug 07, 2026

#Ranjit #Bajaj #reject #role #India #manager #U15 #FIFA #World #Cup #Festival">Why did Ranjit Bajaj reject role as India manager for U-15 FIFA World Cup and Festival?  Ranjit Bajaj has decided against taking up the India Under-15 men’s national team manager’s role alongside head coach Bibiano Fernandes for the inaugural FIFA U-15 World Cup and Festival in Azerbaijan in October, Minerva Academy founder-director announced on his        Instagram handle.Bajaj’s reason is that the he and Bibiano have different footballing philosophies and putting them together would not be in the team’s best interest.Bajaj, who was approved as the team manager by the AIFF Executive Committee following the appointment of Fernandes as head coach, said he was deeply unhappy with the decision and believed the team could suffer if its key personnel were not aligned in their approach.“People are congratulating me but I am not happy. I am very unhappy. This is the worst thing they could have done,” Bajaj said in a post on his        Instagram handle.Explaining the rationale behind his decision, Bajaj said the AIFF had appointed him and Fernandes together despite their contrasting styles and visions, though he made it clear that his decision was not a personal issue with the head coach.“You people (AIFF) appointed me and Bibiano (Fernandes) together. I don’t have any problems with Bibiano but I have a problem because of different playing styles and different visions,” he said.Bajaj said the difference was fundamental, with his preferred approach built around an aggressive, attacking game while Fernandes’ methods were more defensive.“From low block defensive style to high press attacking style, getting into opposition territory and smashing them are completely different styles. It’s not about me or Bibiano. If two people are not on same page, then team suffers,” he said.The Minerva founder also questioned the circumstances of his appointment, saying the federation had turned to him despite their differences because of his team’s success and the process behind it.“Also you called me because you didn’t have an option. It is not as if there are world famous coaches at your disposal. So you summoned your biggest critic, biggest hater and maybe because my team (Minerva) wins,” Bajaj said.He also suggested that Fernandes should have been given charge of the U-15 side earlier if the AIFF had intended to make him the head coach, while urging supporters to back the former India youth coach.“Even if you guys wanted to give Bibiano the charge, you should have given it one year back. Okay, if you given him now, I request fans, we should support Bibiano,” Bajaj said.The AIFF Executive Committee, on the recommendation of its Technical Committee, had approved Fernandes’ appointment as head coach, subject to his acceptance, for the inaugural FIFA U-15 World Cup and Festival scheduled to be held in Azerbaijan in October.Bajaj had earlier volunteered on social media to take charge of the team, but had made it conditional on being allowed to appoint his own coaching staff.The inaugural tournament will feature all 211 FIFA member associations, including India. It will be played in an 8-a-side format on smaller customised pitches, with matches consisting of two 20-minute halves. Each team can register 14 players, including up to two goalkeepers.(With PTI inputs)Published on Aug 07, 2026  #Ranjit #Bajaj #reject #role #India #manager #U15 #FIFA #World #Cup #Festival

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