Saudi Arabia's Public Investment Fund walking away from LIV Golf Saudi Arabia's Public Investment Fund is withdrawing billions from LIV Golf at the end of the 2026 season, casting a shadow over the upstart golf league's future. Greg Palkot reports that the PIF had invested over $5 billion to rival the PGA Tour, attracting top players like Phil Mickelson. With this funding cut, LIV Golf now seeks new global investors to secure its long-term viability. Well, the good news for Disney is that after the disastrous failure of "Snow White" and "The Marvels," they finally have some competition for the biggest flop in Hollywood history. And boy oh boy, has an already rough week for Saudi-backed projects gotten much, much worse. One of the strategies guiding the country’s trillion-dollar Public Investment Fund has been to invest in entertainment and sports properties in order to diversify their economy and future development.…