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

LIV Golf seeks $300 million in funding to avoid bankruptcy

Yahoo Sports • 1 min read • Latest: Jun 22, 2026, 8:30 PM

Last updated Jun 22, 2026

LIV Golf seeks $300 million in funding to avoid bankruptcy

Summary

LIV Golf, facing financial difficulties, seeks approximately $300 million in new capital to remain operational through 2027. The Public Investment Fund has transferred funding responsibilities to its new management team, led by Scott O’Neil. O’Neil reports an average of three investor inquiries per day, with potential funding coming from private equity and wealthy individuals. LIV’s upcoming events include four remaining tournaments in the UK, the first in 31 days. Without securing the required funding, the tour risks going bankrupt.

Source Links

Yahoo Sports

Key Details

•LIV Golf needs $300 million to avert bankruptcy.
•Scott O’Neil is leading efforts to secure new funding.
•The tour resumes in the UK in 31 days.
•LIV Golf has $120 million in prize purses to fund.
•PIF plans to withdraw financial support by August.

Latest Updates

8:30 PMYahoo Sports — PIF’s new plan for LIV Golf revealed as official 48-page document filed

What they're saying

"
After leaving LIV Golf in the lurch, Saudi Arabia’s Public Investment Fund have delegated responsibility for finding new funding for the tour to its new-look management team. Led by Scott O’Neil and a supporting cast encompassing investment banks, consultancy firms and players, LIV are seeking in the region of $300m in fresh capital in order to ensure the tour’s survival into 2027 and beyond.
— Yahoo Sports

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