The LIV Golf League has announced the establishment of a new independent board as it faces a critical funding crisis following the decision of the Saudi Arabian Public Investment Fund (PIF) to withdraw its support after the 2026 season. The board will be led by investment bankers Gene Davis and Jon Zinman, who are tasked with guiding the league towards a diversified, multi-partner investment model. Since its inception in June 2022, the PIF has invested over $5 billion into LIV Golf, but it is expected to stop funding the league after this season, leaving it to seek new financial partners. LIV Golf CEO Scott O'Neill emphasized the importance of creating a sustainable business model to continue operations. The league's revenue has reportedly increased by more than 100% since 2025, with four events and ten teams projected to be profitable this season. However, the league is burdened with guaranteed contracts worth hundreds of millions for star golfers like Jon Rahm and Bryson DeChambeau, alongside high operational costs for events. The future of LIV Golf hinges on its ability to adapt and secure long-term investments while promoting the sport globally.