LIV Golf faces compressed deadline to secure new investor as PIF funding ends

LIV Golf is racing to finalize a new lead-investor agreement before Saudi Arabia's Public Investment Fund (PIF) ends its support after the 2026 season, with CEO Scott O'Neil saying the deal requires buy-in from a majority of the current player roster. Ted Goldthorpe, head of investment firm BC Partners, is reported to have agreed to a term sheet that would fund operations from 2027 through 2030, but the agreement is contingent on retaining enough top players. LIV canceled its standalone team championship in Michigan, scheduled for Aug. 27-30, and will instead decide the team title at this week's final event in Indianapolis as it manages a financial crunch. Vendors and players have said they are awaiting certain payments, and the league's uncertain future could include a bankruptcy filing. Jon Rahm, LIV's individual champion for three consecutive years since joining in 2024, is reportedly interested in returning to the PGA Tour and is still owed more than $100 million by LIV, while Bryson DeChambeau has emerged as a prominent supporter of keeping the league alive.

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