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LIV Golf Faces Cash Crisis After PIF Exit and Loss of Asian Tour Tie

The league must raise roughly $300 million to keep operating in 2027, putting player contracts, event pay and ranking access at risk.

Overview

  • Saudi Arabia’s Public Investment Fund announced in April that it will stop financing LIV Golf at the end of this season, ending years of multibillion-dollar support and creating an immediate funding gap.
  • League executives say LIV needs about $300 million in outside capital to operate in 2027 and CEO Scott O’Neil is urgently seeking buyers or partners to avoid a wind-down.
  • The Asian Tour announced a new multi-year partnership with the PGA Tour and DP World Tour on Tuesday, cutting off a key feeder and co-operation route and threatening LIV’s access to Official World Golf Ranking pathways.
  • A Canadian tech firm, Mobii Systems Group Ltd., sued LIV in mid-June for more than $1 million in unpaid invoices and lost revenue, and other legal claims have added near-term financial and reputational pressure.
  • Top players are being kept informed but are publically noncommittal: Jon Rahm said Tuesday he is 'in contact' with league decision-makers but would not disclose plans for 2027 while Bryson DeChambeau will become a free agent at season’s end, leaving player pay and event continuity uncertain as two individual events and a team championship remain on the schedule.