April 30 (Reuters) - LIV Golf moved ⁠quickly to establish a new direction on Thursday after confirmation that Saudi backing ⁠for the rebel circuit is set to end, announcing a new board and ‌the search for new long-term financial partners.

Sources at LIV told Reuters on Wednesday that Saudi Arabia's Public Investment Fund (PIF) would be cutting funding, which has totalled more than $1 billion a year since 2022, at the close of ​the league's 2026 season.