League: PGA Tour Sport: Golf Country: United States Category: Transactions

LIV Golf secures new investor but leaves Michigan event uncertain

Yahoo Sports • 1 min read • Latest: Aug 5, 2026, 3:48 PM

Last updated Aug 5, 2026

LIV Golf secures new investor but leaves Michigan event uncertain

Summary

LIV Golf CEO Scott O'Neil announced a new investor committed to keeping the tour operational in 2027. However, he did not confirm whether the Michigan event scheduled for August 27-30 will proceed as planned, as speculation grows around its cancellation. The announcement follows months of uncertainty after the Saudi Public Investment Fund withdrew its support, leading to concerns about the league's future. While O'Neil described the situation as fluid, he expressed a commitment to delivering the season's events, though details remain unclear.

Source Links

Yahoo Sports

Key Details

•LIV Golf announces continuation into 2027 with a new investor.
•Michigan event still on schedule, but its status remains uncertain.
•Speculation grows over the cancellation of the Michigan tournament.
•Announcement follows financial uncertainty after funding withdrawal.
•O'Neil emphasizes a commitment to maintaining events amidst challenges.

Latest Updates

3:48 PMYahoo Sports — LIV Golf announces new investor, but won't commit to Michigan event

What they're saying

"
LIV Golf CEO Scott O'Neil announced a new investor will keep it operating in 2027, but didn't say whether LIV Michigan will take place as scheduled.
— Yahoo Sports

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