Overview
- Recent mid‑June filings reported by multiple outlets show LIV Golf is drawing on a lending facility tied to Saudi Arabia’s Public Investment Fund rather than receiving fresh equity to finish 2026.
- A June 4 U.K. debenture filed by LIV Golf Ltd names the PIF as lender and references a nonpublic Facility Agreement that would set loan terms and security for that funding.
- The PIF told LIV in April it would fund the league only through the end of 2026, and the fund has supplied billions since 2022, including roughly $333 million so far this year.
- LIV has begun a formal investor roadshow, hired advisers and added independent directors while pitching a leaner, team‑focused 2027 and asking for about $250–350 million in outside capital.
- Operational strain is visible: LIV postponed a New Orleans event producing a 47‑day schedule gap, four 2026 tournaments remain unguaranteed, and possible cuts to purses or legal restructurings could affect players, hosts and sponsors.