LIV Golf reportedly loses Saudi funding as tour's future looks murky

The Saudi sovereign wealth fund is ending funding for LIV Golf after this season, according to multiple reports. Why it matters: The Public Investment Fund's decision places the lucrative golf tour in serious jeopardy of dissolving four years after it launched as a well-capitalized competitor to the PGA Tour.Driving the news: LIV "plans to tell players and staff by Thursday" that the Public Investment Fund "will no longer bankroll the circuit after this season," WSJ first reported Wednesday.CNBC...