LIV Golf will outline its plans for the future on Thursday, with Saudi Arabia expected to officially announce an end to its financial backing and as questions swirl about what comes next.

Multiple reports have said the kingdom’s Private Investment Fund, which has supported LIV from the start, would be stepping away at the close of the 2026 season.

For Hong Kong, that has raised concerns about the deal signed last year to host tournaments in 2026 and 2027 at Hong Kong Golf Club, and with the potential to extend to 2029.

A club spokesman said there would be no comment “ahead of any potential statement from LIV Golf”, adding HKGC remained committed to “promoting Hong Kong as a premier host city for mega international golf events”.

Rumours have circulated for the past two weeks regarding PIF’s move, and sources close to LIV said players had been made aware of everything that was happening over the past fortnight, rather than being caught completely off guard.

Officials are exploring a range of options, sources with knowledge of LIV’s business operations told the South China Morning Post, including attracting new financial partners.