Overview
- In early August 2026 LIV Golf is operating with an immediate funding shortfall after the Saudi Public Investment Fund stopped financing the league and is publicly seeking roughly $250 million to $350 million from new investors.
- The tour plans to hold this week’s New York event at Trump National Golf Club Bedminster and expects Indianapolis to proceed, while the scheduled $40 million Team Championship in Michigan is widely reported as unlikely to happen.
- Vendors and service providers say bills are unpaid and some contracts have been terminated, and multiple outlets report lawsuits and creditor pressure are already building on the league.
- League leadership, led by CEO Scott O’Neil, is weighing a range of contingency plans that sources say include Chapter 11 restructuring and offering players equity in a smaller “LIV 2.0,” moves that could change how outstanding guarantees are settled.
- LIV launched in 2022 with deep PIF backing and heavy guaranteed contracts, and the loss of that funding risks player departures, staff layoffs, reduced purses and a long-term shakeup of professional golf if new capital or a restructuring deal is not secured.