LIV Golf seeks new funding deal amid potential bankruptcy considerations

2 sources1 min read • Latest: Aug 1, 2026, 9:16 PM

Last updated Aug 1, 2026

LIV Golf seeks new funding deal amid potential bankruptcy considerations
Summary

LIV Golf is negotiating a new funding deal worth $250 million to $350 million, which could secure its future past 2027. This comes after the Saudi Arabia Public Investment Fund withdrew its financial support, jeopardizing the league's operations. CEO Scott O’Neil aims to launch 'LIV 2.0,' which will feature a streamlined event schedule, including team majors and National Opens. Despite plans for restructuring, the league is considering bankruptcy to address its significant debts to players. LIV had previously cancelled events due to funding shortfalls and is now managing its cash flow following initial successes in attendance and ticket sales.

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Status Watch
  • LIV Golf is finalizing a deal worth $250 million to $350 million.
  • Funding withdrawal from Saudi Arabia's Public Investment Fund creates uncertainty.
  • LIV 2.0 will introduce a revised event structure with team majors.
  • Pending bankruptcy consideration to restructure debts owed to players.
  • LIV has seen significant growth in ticket sales, increasing 129% year over year.
Latest Updates
  • 9:16 PMYahoo SportsLIV Golf is on life support. Does it matter if the plug is pulled now the Saudis have gone? | Opinion
  • 4:27 PMYahoo SportsLIV Golf Is On The Cusp Of A New Funding Deal—And Bankruptcy Is On The Table
What they're saying
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The Saudi Arabia’s Public Investment Fund bailed on its funding of LIV Golf—and now the league's future is in doubt.

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The PGA Tour is securing new sponsors while LIV Golf battles rumors of bankruptcy and a need for new funding.

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