League: PGA Tour Sport: Golf Country: United States Category: Breaking News

LIV Golf announces lead investor for league's next era

Yahoo Sports • 1 min read • Latest: Aug 5, 2026, 3:02 PM

Last updated Aug 5, 2026

LIV Golf announces lead investor for league's next era

Summary

LIV Golf has secured an unnamed lead investor to support its new direction, according to CEO Scott O'Neil's announcement on August 5 at Trump National Bedminster. O'Neil stated the agreement has been approved by LIV's board and is designed to aid in the league's evolution, dubbed LIV 2.0. The investment is expected to be finalized by next month, following LIV's search for financial support after losing backing from Saudi Arabia’s Public Investment Fund. The league plans to hold ten events next season, a reduction from fourteen, and will allow players to participate in other tours. LIV's struggles have included player defections and ongoing lawsuits, but the focus remains on wrapping up a competitive season with the upcoming Indianapolis tournament set for late August.

Source Links

Yahoo Sports

Market Watch

•LIV Golf announces new lead investor approved by its board.
•Investment deal expected to finalize next month.
•The league will hold ten events in the 2027 season.
•Players will regain rights to name, image, and likeness.
•LIV's Indianapolis tournament is scheduled for August 20-23.

Latest Updates

3:02 PMYahoo Sports — LIV announces it has signed on lead investor for league's 'next era'

What they're saying

"
CEO Scott O’Neil released a statement announcing that LIV had reached an agreement with an unnamed lead investor, which had signed on and been approved by LIV’s board of directors, to “anchor the transaction and play a key role in supporting the path forward for the league’s next era, driven by and for the players.”
— Yahoo Sports

Related Teams & Leagues

PGA Tour Golf