LIV Golf seeks $350m to survive after losing Saudi PIF backing, cancels season finale

LIV Golf has lost the backing of Saudi Arabia's Public Investment Fund and needs $350m (£257m) to continue, per BBC Sport. The tour cancelled its Detroit team championship finale, ending the season early in Indianapolis. Staff have been told their jobs end in early September. LIV has signed a term sheet with a potential new backer, but no funding is confirmed.