Back to today’s briefing

Story perspectives

Herbert Fires 64 to Lead LIV; Saudi Funding Ends 2026

5/8/2026

28 6 Full Breakdown

Summary

Herbert Leads

Australian Lucas Herbert shot an 8-under 64 to take a two-shot lead after the first round of LIV Golf Virginia at Trump National on May 8, 2026.
He recorded seven birdies, an eagle on the par-5 second hole, and holed a 15-foot eagle putt.
The Public Investment Fund of Saudi Arabia said its financial support for LIV Golf will end after this year, creating uncertainty for the league.

Summary

LIV Seeks Investors

Bryson DeChambeau said he was shocked by the Saudi fund’s decision to end financing for LIV Golf.
CEO Scott O’Neil announced that LIV will seek new investors for its 13 teams after the funding loss.
Saudi-linked sponsors Aramco and Riyadh Air remain visible at the event despite the financing turmoil.
Historians dispute the accuracy of U.S. President Donald Trump’s “River of Blood” plaque at the course.

History

Historical Context

Saudi Arabia’s Public Investment Fund began courting English football in April 2020, filing a £300 million Owners’ and Directors’ Test request that culminated in an 80 percent, £300 million acquisition of Newcastle United in October 2021 under Premier League chief Richard Masters. The same sovereign wealth fund now backs LIV Golf, but its recent withdrawal highlights the volatility of Saudi-driven sports-washing investments.

1 of 3

Herbert Leads

Australian Lucas Herbert shot an 8-under 64 to take a two-shot lead after the first round of LIV Golf Virginia at Trump National on May 8, 2026.
He recorded seven birdies, an eagle on the par-5 second hole, and holed a 15-foot eagle putt.
The Public Investment Fund of Saudi Arabia said its financial support for LIV Golf will end after this year, creating uncertainty for the league.

1 / 3