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PIF to no longer financially back LIV Golf

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(Photo credit: Reuters via Imagn Images)

Saudi Arabia's Public Investment Fund confirmed Wednesday it will no longer finance LIV Golf, according to the Wall Street Journal. The league will notify its players and staff by Thursday.

Reports of PIF pulling its funding have been rampant for weeks. The Telegraph reported LIV officials were summoned to an emergency meeting in New York last week, and a tournament

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