{"id":103052,"date":"2025-12-04T00:00:00","date_gmt":"2025-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/"},"modified":"2025-12-04T00:00:00","modified_gmt":"2025-12-04T00:00:00","slug":"pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/","title":{"rendered":"PIF ups LIV capital to USD 5 bn as operating losses mount"},"content":{"rendered":"

The Public Investment Fund approved a USD 113 mn increase in the share capital of LIV <\/strong>Golf Investments<\/strong>, Money in Sports<\/a> reported, citing a filing<\/a> submitted to the Jersey Financial Services Commission on 1 Dec. The most recent pump puts the total 2025 increase at USD 1.1 bn, sending the capital of the top company at LIV\u2019s structure to just over USD 5 bn.<\/p>\n

Is LIV in trouble? <\/strong>Increases are necessary to cover operating losses incurred by the PIF-backed tour, estimated at a monthly average of some USD 100 mn, the sports-focused newsletter says. <\/p>\n

DATA POINT- Tour prize money reached USD 405 mn this year alone<\/strong>, spread over only 14 tournaments and player bonuses, compared to USD 509 mn across 44 tournaments organized by the rival PGA Tour. <\/p>\n

The rival tour has apparently taken a step back from long-ongoing merger talks<\/strong>, wagering on LIV overstaying its welcome and losing backing from the PIF, the newsletter said. Top golfer Rory McIlroy recently took a swing at LIV for what he called \u201cirrational spending,\u201d arguing that it is making merger prospects with PGA unlikely<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

The most recent pump puts the total 2025 increase at USD 1.1 bn<\/p>\n","protected":false},"author":1,"featured_media":103053,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2524],"tags":[10,513,8],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-103052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-_newspack_sports","tag-enterpriseam-ksa","tag-liv-golf","tag-sports","wpautop","entry"],"acf":{"mongo_id":"b73a18bb-6ec5-45bf-93ab-896747af99f0","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/281.jpg","photo_position":"above","homepage_title":"","full_issue_title":"PIF ups LIV capital to USD 5 bn as operating losses mount","related_issue":[103039],"teaser":"The most recent pump puts the total 2025 increase at USD 1.1 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.7864487e-0f45-4a1a-a6b1-371a41545dcd.mp3"},"yoast_head":"\nPIF ups LIV capital to USD 5 bn as operating losses mount - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIF ups LIV capital to USD 5 bn as operating losses mount\" \/>\n<meta property=\"og:description\" content=\"The most recent pump puts the total 2025 increase at USD 1.1 bn\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/281.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PIF ups LIV capital to USD 5 bn as operating losses mount\",\"datePublished\":\"2025-12-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/281.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM KSA\",\"Liv Golf\",\"sports\"],\"articleSection\":[\"Sports\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/04\/pif-ups-liv-capital-to-usd-5-bn-as-operating-losses-mount\/\",\"name\":\"PIF ups LIV capital to USD 5 bn as operating losses mount - 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