Overview
- LIV hired AlixPartners to craft a new business plan and seek outside investment, with a leading bank engagement expected next, according to Sky reporting.
- Saudi Arabia’s Public Investment Fund confirmed it will finance LIV only through the 2026 season, citing a shift in strategy and broader economic conditions.
- LIV canceled its late‑June tournament in Louisiana over concerns the North American World Cup would suppress attendance and TV viewing for the event.
- Bryson DeChambeau said reports of PGA Tour talks are false and pledged to help make LIV’s team model work, as media figure Trey Wingo claims representatives for DeChambeau and Jon Rahm have contacted the PGA Tour about a path back.
- Financial analysts quoted by Golf.com and GB News say the league is burning heavy cash and could attract only a nominal sale where a buyer assumes liabilities, underscoring pressure to find new capital fast.