Overview
- The Public Investment Fund confirmed on Tuesday that it will stop financing LIV Golf after the 2026 season, creating an urgent cash shortfall for the league.
- LIV has hired restructuring advisers and engaged Ducera Partners to solicit roughly $250 million to $350 million for a pared-back, team-focused business plan.
- Bryson DeChambeau has joined CEO Scott O’Neil in meetings with prospective investors to help raise funds, and his contract is reported to expire at season’s end.
- Jon Rahm said he will not take an active role in investor pitches, citing lack of business expertise and limited time despite being under contract for next season.
- Operational strain has shown in postponed events and contingency planning that includes governance changes and possible U.S. restructuring steps if outside financing is not secured.