League: PGA Tour Sport: Golf Country: United States Category: Scores & Results

LIV Golf seeks $1.5 billion amid financial turmoil and investment challenges

Yahoo Sports • 1 min read • Latest: Jun 15, 2026, 4:03 PM

Last updated Jun 15, 2026

LIV Golf seeks $1.5 billion amid financial turmoil and investment challenges

Summary

LIV Golf announced efforts to secure $250-350 million in funding to avert bankruptcy as the Saudi Public Investment Fund plans to halt financial support by the end of the 2026 season. CEO Scott O'Neil and his team are working with investment banks and advisory firms to stabilize the tour. LIV's recent successes, including a $118 million economic impact from its Adelaide event, may aid in attracting potential investors. However, a probable reduction in events and prize money looms, threatening player contracts and the league's future if the funding is not secured.

Source Links

Yahoo Sports

By the Numbers

•LIV Golf is flirting with bankruptcy as funding runs dry.
•CEO Scott O'Neil is seeking $250-350 million to restructure.
•LIV Adelaide generated $118 million in economic impact.
•The tour may reduce from 14 events to 10 in the future.
•Potential player contract voiding could result from reduced prize pools.

Latest Updates

4:03 PMYahoo Sports — LIV Golf make official $1.5bn announcement as PIF fallout continues

What they're saying

"
LIV Golf is flirting with bankruptcy after the Saudi Public Investment Fund announced that it will turn off the money hose at the end of the 2026 season. LIV Golf CEO Scott O’Neil is seeking the funds which would allow the tour to continue in 2027.
— Yahoo Sports

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