LIV Golf, the Saudi-backed golf league, is reportedly facing potential collapse as its financial backers, the Public Investment Fund (PIF) of Saudi Arabia, consider withdrawing support due to substantial losses. Since its launch in 2021, LIV Golf has burned through approximately $5 billion, with reports indicating monthly losses of up to $189 million. An emergency summit held in New York has raised alarm, as executives were notably absent from a concurrent event in Mexico City. Players have expressed uncertainty, with some hoping for a merger with the PGA Tour, which has stalled in negotiations. LIV Golf's CEO, Scott O'Neil, has reassured staff that the season will continue as planned despite the speculation. The league's ambitious goals to disrupt traditional golf have faced challenges, including poor television ratings and a lack of broadcaster interest. The imminent decision on funding could drastically alter the landscape of professional golf, marking a significant turning point for LIV Golf.