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LIV Golf Scrambles for $250–$350 Million as Saudi Backing Ends

LIV is seeking roughly $250–$350 million from outside investors to fund a leaner, team‑centric 'LIV 2.0' that would return commercial rights to players.

Overview

  • The Saudi Public Investment Fund said in April it will end funding after the 2026 season, forcing LIV to seek new capital to keep the league operating.
  • LIV has installed an independent board and hired advisers including Ducera Partners and restructuring firms to lead confidential pitches and potential turnaround planning.
  • The league is pitching a scaled‑back model that emphasizes team golf, increased player equity, returned commercial rights and a smaller global schedule that investors are told could be about 10 events.
  • Top players are split on roles in the rescue effort: Bryson DeChambeau has joined CEO Scott O’Neil in investor meetings while Jon Rahm says he will 'stay in his lane' and focus on playing despite being contracted beyond 2026.
  • If outside investors do not provide sufficient funding, LIV could sharply reduce purses and events, put team valuations and guaranteed player contracts at risk, and reshape players’ options to return to the PGA Tour or other circuits.