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5h ago

LIV Golf Scrambles for New Funding After PIF Ends Support

League executives are racing to raise roughly $300 million to keep the circuit running in 2027, with player commitments and partner ties weakening.

Golf - The 154th Open Championship - Royal Birkdale Golf Club, Southport, Britain - July 19, 2026 Spain's Jon Rahm chips onto the green on the 18th hole during the final round REUTERS/Russell Cheyne
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Overview

  • Saudi Arabia’s Public Investment Fund told LIV Golf in April that it would stop financing the league because the project no longer fit its investment strategy.
  • LIV has resumed play after a seven-week break at JCB Golf & Country Club but is reported to be seeking about $300 million to fund operations into 2027.
  • Top players, including Jon Rahm, say they are 'in contact' with league leaders but are publicly tight-lipped and decline to lead investor outreach.
  • The Asian Tour’s new partnership with the DP World Tour and PGA Tour has severed a major commercial link to LIV and narrowed the league’s revenue and ranking options.
  • With a Team Championship scheduled for late August, league bosses face a short deadline to secure funding and sponsors, and the PIF pullback follows billions invested in LIV since 2022.