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

LIV Golf seeks $300 million investment by September to continue operations

Yahoo Sports • 1 min read • Latest: Jun 29, 2026, 9:32 PM

Last updated Jun 29, 2026

LIV Golf seeks $300 million investment by September to continue operations

Summary

LIV Golf is pursuing a $300 million investment target by September 1 to secure its future through 2027. The league's financial backing from Saudi Arabia's Public Investment Fund has ended, necessitating a restructuring strategy led by CEO Scott O’Neil. Experts warn that the league's player contracts, while valuable, pose a significant liability. If successful in attracting new investors, LIV aims for profitability within three years. However, failure to secure funding could jeopardize player contracts and the league's existence.

Source Links

Yahoo Sports

Key Details

•LIV Golf lost financial backing from the Public Investment Fund.
•CEO Scott O’Neil plans to restructure and seek new investors.
•Top player contracts are significant liabilities in negotiations.
•LIV must raise at least $250 million to consider viability.
•Players may need to renegotiate contracts or seek new tours.

Latest Updates

9:32 PMYahoo Sports — The road ahead for LIV Golf: 2 scenarios that will determine its future

What they're saying

"
LIV Golf is looking for $300 million in investment by Sept. 1 in order to make sure the league continues into 2027. What happens if they do get the money—and if they don't.
— Yahoo Sports

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PGA Tour Golf