League: LIV Golf Sport: Golf Country: Global Category: Rumors

LIV Golf faces bankruptcy as Saudi PIF ends financial support

Yahoo Sports • 1 min read • Latest: Sep 2, 2026, 12:52 PM

Last updated Sep 2, 2026

LIV Golf faces bankruptcy as Saudi PIF ends financial support

Summary

LIV Golf is currently in a state of financial instability following the decision by the Saudi PIF to discontinue funding for the league after the current season. CEO Scott O’Neil is reportedly attempting to source new financial backing to keep operations running as the organization faces difficulties meeting vendor payments and athlete salaries. Reports indicate that players owed millions may currently be offered settlements worth only thousands. The league, which frequently utilized courses owned by Donald Trump, faces an uncertain future regarding its continued existence. While Donald Trump has previously expressed uncertainty about the status of the league, current reports confirm the organization is moving toward bankruptcy.

Source Links

Yahoo Sports

Key Details

•The Saudi PIF announced it will stop funding LIV Golf after this season.
•CEO Scott O’Neil is seeking new investors to address missing vendor and player payments.
•The league faces potential bankruptcy as it attempts to settle outstanding debts.
•Donald Trump previously stated he was unsure of the league's long-term operational status.

Latest Updates

12:52 PMYahoo Sports — ‘Collected all the Saudi bribes’: Reporter basks in the ‘irony’ involving Donald Trump

What they're saying

"
LIV Golf has found itself in a very precarious position. The Saudi PIF has already announced it would not fund the league beyond this season, and CEO Scott O’Neil is scrambling to secure sufficient new financial backing that would keep the league afloat, all amidst reports of LIV paying players late, missing vendor payments, and…
— Yahoo Sports

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