Overview
- The league has filed U.S. and U.K. layoff notifications that staff were told about on Wednesday as part of planning for possible workforce cuts while fundraising continues.
- LIV is actively pitching a lean 'LIV 2.0' model and seeking roughly $250 million to $350 million to run about ten events in 2027, according to a pitch deck and adviser briefings.
- A London commercial lawsuit brought by World Golf Group and Premier Golf League, filed in April and reported this week, seeks between $210 million and $630 million and alleges LIV used confidential PGL/WGG plans.
- LIV has already trimmed its 2026 calendar, canceled the New Orleans event, cut purses and is reportedly operating on short-term loans as CEO Scott O’Neil courts investors.
- Top players have been publicly noncommittal about investing personally, with Jon Rahm saying he would 'never say never,' but no player funding or rescue deal has been announced.