LIV Golf, the Saudi-backed professional golf league founded in 2021, has confirmed its intention to wind down operations after five years, according to a BBC Sport report published Thursday.
League History
The league launched its inaugural season in 2022, introducing a 54-hole format, team competition, and substantial prize funds that disrupted the traditional golf landscape. The venture sparked significant debate within the sport throughout its existence.
Details regarding the timeline for the wind-down process and the future of player contracts remain unclear. The league's backers, the Public Investment Fund of Saudi Arabia, have not yet issued a formal statement on the decision.
