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Saudi Arabia to end LIV Golf funding, while league appoints new chairman

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League says it wants to move towards an investment model involving multiple partners and team franchises.

Saudi Arabia’s Public Investment Fund (PIF) has confirmed funding to the breakaway LIV Golf league would be cut after the 2026 season.

LIV Golf announced on Thursday a new board and a new business strategy as it tries to forge ahead without Saudi funding, which allowed the league to launch nearly four years ago with oversized contracts and prize funds.

Yasir Al-Rumayyan, the governor of Saudi Arabia’s sovereign wealth fund, who was behind the creation of LIV Golf, is no longer listed as its chair.

LIV announced that Gene Davis of the Pirinate Consulting Group and Jon Zinman of the strategic advisory firm JZ Advisors are leading a newly created board with Davis as chair. The focus is on securing long-term financial partners when Saudi funding ends after this season.

The Saudi investment fund said in a statement: “PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season.

“The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy. This decision has been made in light of PIF’s investment priorities and current macro dynamics.

“The LIV Golf Board has created a committee of independent directors to evaluate strategic alternatives for its future beyond PIF’s funding horizon. LIV Golf has substantially grown the game globally through its transformational and positive impact. It has forever changed the game of golf for the better.

“PIF remains committed to deploying capital internationally in line with its investment strategy, including its substantial current and future investments in various sports as a priority sector.”

LIV, meanwhile, said it is seeking to move towards an investment model involving multiple partners and team franchises. The league has said it expects 10 of its 13 teams to be profitable this year.

“The executive leadership team, along with Jon and I, see a clear opportunity to help the league formalize its structure, attract and secure long-term capital, and position the business for growth while continuing to promote the game across the world,” Davis said in a statement. “We look forward to positioning LIV Golf for future success.”

Scott O’Neil, the CEO at LIV Golf, had told Britain-based TNT two weeks ago during a tournament in Mexico: “The reality is that you’re funded through the season, and then you work like crazy as a business to create a business and a business plan to keep us going.”

That raised questions about whether LIV Golf will be able to keep some of its top players once their lucrative contracts expire. With financial muscle from Saudi Arabia’s sovereign wealth fund, LIV was able to spend $1bn to land the likes of Bryson DeChambeau, Brooks Koepka, Phil Mickelson, Cameron Smith and eventually Jon Rahm, the last big signing at the end of 2023.

The newsletter Money in Sport reported earlier this year that LIV Golf had already spent $5.3bn since the league launched in 2022, a figure that would be $6bn by the end of this year.

LIV staff and players have been aware that Saudi funding was only through the 2026 season. Thursday’s announcement was to outline plans to seek other sources of funding for a league that currently offers $30m prize funds at each tournament.

Al-Rumayyan is passionate about golf and long wanted a seat at the table with the sport’s leaders. He signed a framework agreement in 2023 with the PGA Tour and European Tour and was set to join the PGA Tour Enterprises board if it was approved.

The deal never materialised, except for ending antitrust lawsuits. PGA Tour Enterprises instead got a minority investment from a consortium of North American sports owners.

Al-Rumayyan was at the White House in February 2025 to meet with United States President Donald Trump, along with a PGA Tour team that included Tiger Woods, Adam Scott and Commissioner Jay Monahan. But it was clear LIV and the PGA Tour could not find common ground, mainly because the Saudi league wanted to stick with a team component.

DeChambeau and Rahm, both multiple major champions, are considered LIV’s top two players.

DeChambeau said in an interview with the Flushing It social media site, “As long as LIV is here, I would figure out a way for it to make sense.”

“There’s a lot of moving parts like in any business,” DeChambeau said. “It’s a start-up, right? And so there’s going to be times where we’re squeezed and punched. This is one of those moments. But I’m going to do everything in my power to make it work, and I really see the value in franchise golf.”

LIV Golf earlier this week said it was postponing its June 25-28 tournament in Louisiana to the autumn. The next event is scheduled for May 7-10 in northern Virginia, and O’Neil had said in a memo to staff two weeks ago that the season would be uninterrupted and “full throttle”.

Al-Rumayyan was all about team golf when he and former CEO Greg Norman launched the league, even though the team concept was one reason it took more than three years for LIV to get recognised by the Official World Golf Ranking.

Koepka left LIV after last season, and the PGA Tour granted him a path back with stipulations that included no access to equity grants for five years, a $5m charity donation and no bonus money this year.

The tour offered it to three other LIV players who had won majors since 2022 – Rahm, DeChambeau and Smith – and gave them until February 4 to accept. None did.

In an interview earlier this week with The Wall Street Journal, PGA Tour CEO Brian Rolapp said: “We’re interested in having the best players who can help our tour. Not every player can do that.”

📰 மூல செய்தி (Source): https://www.aljazeera.com/sports/2026/4/30/liv-golf-has-a-new-chairman-and-seeks-to-new-funding-without-saudi-backing?traffic_source=rss

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US Jewish leader, Israel advocate Abe Foxman dies at 86

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Israeli officials hail Foxman, who led the ADL advocacy group for nearly three decades, as warm and passionate.

Prominent Jewish American leader and Israel defender Abraham “Abe” Foxman has died at age 86.

The Anti-Defamation League, the advocacy group he led for 28 years, confirmed his death on Sunday, calling him an “outspoken, passionate, and tireless advocate for the Jewish people and Israel“.

A Holocaust survivor, Foxman helped shape the conversation around Israel and anti-Semitism in the US for decades.

ADL Board Chair Nicole Munchnik said Foxman helped build the “modern liberal era of America”, describing him as a “longtime adviser” to US presidents and world leaders.

“To those of us who knew him, Abe was a warm friend, adviser, spirited antagonist and hugger – all over lunch,” Munchnik said.

Foxman joined the ADL in 1965 and served as the group’s national director from 1987 to 2015.

Under his leadership, the group – which presents itself as an anti-hate watchdog – became one of the most influential advocacy organisations in the country.

Palestinian rights advocates have long condemned the ADL, accusing it of demonising pro-Palestine activists and conflating criticism of Israel with anti-Semitism.

Since the start of the genocidal war on Gaza, the ADL – under Foxman’s successor Jonathan Greenblatt – has intensified its campaign against Israel’s critics.

Greenblatt, who has supported laws to penalise boycotts of Israel, compared the Palestinian keffiyeh to the Nazi swastika last year.

Foxman also remained a staunch supporter of Israel and defended its conduct during the genocidal war on Gaza.

“What is happening in Gaza is tragic. But it is not Genocide. And it is not illegal,” he wrote on X in July 2025 as Israel imposed a hunger crisis on the territory.

“War is hell and inhumane, destructive and ugly. And nations must take all possible care to avoid civilian harm. And Israel has and is doing that. Having said this, Israel still needs to act with all deliberate speed and skill to provide maximum humanitarian aid to lessen the loss of innocent civilian lives.”

Weeks before his death, Foxman backed the US-Israel war on Iran, voicing gratitude to US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu for attacking the country.

“Thank you President Trump and Prime Minister Netanyahu for standing up to evil and jihadist extremism. The world hopefully will be a better and safer place in the future,” he said in a social media post on February 28 after the war broke out.

In March, Foxman warned about what he described as the rise of anti-Semitism on the right and left of the political spectrum in the US, hitting out at liberal politicians publicly distancing themselves from the American Israel Public Affairs Committee (AIPAC).

“If a politician doesn’t want to take money from AIPAC, don’t take money from AIPAC, but don’t make taking money from AIPAC a morality test – because that continues to build the conspiracy theory that there is a Jewish lobby that controls America,” he told the Jewish Standard.

AIPAC, which backs the war on Iran, has been spending millions of dollars on ad campaigns to defeat Israel’s critics in US elections.

Last year, Foxman sounded the alarm about the dwindling support for Israel in the US, underscoring the importance of the alliance between the two countries for Israel.

“We’re in a propaganda war, and to an extent, we’re losing the propaganda war, and I worry about losing America,” Foxman told Times of Israel.

“It’s scary, looking at the polls, the Sunday television shows, the major newspapers – there is so much out there that is anti-Israel.”

Despite his assertion, rights advocates often decry the absence of Palestinian perspectives on TV shows in the US media.

In 2021, Foxman announced that he was cancelling his New York Times subscription after the newspaper published a front page featuring the photos of dozens of Palestinian children killed by Israel in Gaza.

“Today’s blood libel of Israel and the Jewish people on the front page is enough,” he said at that time.

Tributes in Israel and the US poured in for Foxman on Sunday.

Israeli Foreign Minister Gideon Saar said he was “deeply saddened” by the death of Foxman.

“A towering voice against antisemitism, Abe devoted his life to defending the Jewish people and strengthening the bond between Israel and Jewish communities worldwide,” Saar said on X.

Israel’s President Isaac Herzog also called Foxman a “legendary leader of the Jewish people”.

“He was a passionate Zionist, a humanist, and an outspoken, wise friend,” Herzog said.

📰 மூல செய்தி (Source): https://www.aljazeera.com/news/2026/5/10/us-jewish-leader-israel-advocate-abe-foxman-dies-at-86?traffic_source=rss

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Israeli weapon fires tiny metal cubes into people in Lebanon, like Gaza

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Israeli weapon fires tiny metal cubes into people in Lebanon, like Gaza

The same tiny tungsten cubes that spray out of Israeli bombs, causing devastating internal injuries to people in Gaza are being found in wounded civilians in Lebanon, war surgeon Dr Tahir Mohammed says. He draws parallels between what Israel is doing in both places and describes the weapons as “indiscriminate”.

📰 மூல செய்தி (Source): https://www.aljazeera.com/video/newsfeed/2026/5/10/israeli-weapon-fires-tiny-metal-cubes-into-people-in-lebanon-like-gaza?traffic_source=rss

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Trump to discuss Iran with Xi Jinping during China visit: Officials

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Official says US president will likely ‘apply pressure’ on China over Beijing’s purchase of Iranian oil amid war.

Donald Trump is set to arrive in Beijing on Wednesday evening to discuss the Iran war and other issues with his Chinese counterpart President Xi Jinping.

White House Principal Deputy Press Secretary Anna Kelly said an opening ceremony and meeting will be on Thursday morning, and the trip will conclude on Friday. The US plans to host the Chinese leader during a reciprocal visit later this year.

Kelly said that this week’s trip would be of “tremendous symbolic significance” and focus on “rebalancing the relationship with China and prioritising reciprocity and fairness to restore American economic independence”.

Trump’s visit, initially scheduled for earlier this year but postponed in March due to the US-Israel war on Iran, comes as the US president struggles to contain the fallout from the war, both at home and abroad.

A senior administration official told news outlets in an anonymous briefing on Sunday that Trump could “apply pressure” to China on Iran in areas such as oil sales and Tehran’s purchase of potential dual-role military-civilian goods.

US Treasury Secretary Scott Bessent last week accused China of “funding” Iran.

“Iran is the largest state sponsor of terrorism, and China has been buying 90 percent of their energy, so they are funding the largest state sponsor of terrorism,” Bessent told Fox News.

Iran closed the Strait of Hormuz in response to US-Israeli attacks, restricting passage through a key artery of global energy transport.

China has said that it wants to see the war end and hosted Iranian Foreign Minister Abbas Arraghchi last week. At the same time, Beijing has refused to recognise Washington’s “unilateral” sanctions on Iran’s oil sector.

Disruptions stemming from the war have disrupted the global economy, with Asian states that depend on imports from the Middle East especially hard hit.

Trump could also bring up China’s support for Russia during the talks, along with trade and rare earth minerals, a vital resource for the US tech sector. Business executives from aerospace manufacturer Boeing and a handful of agricultural companies are set to travel with the US delegation.

The anonymous administration official said that no change was expected regarding the US stance on Taiwan, a main sticking point in relations between Washington and Beijing. China considers the self-ruling island a part of its territory, but the US has deep security and economic commitments to Taiwan.

📰 மூல செய்தி (Source): https://www.aljazeera.com/news/2026/5/10/trump-to-discuss-iran-with-xi-jinping-during-china-visit-officials?traffic_source=rss

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