LIV Golf Needs $400 Million to Finish 2026 Season as 2 Events Risk Cancellation
Updated
Updated · Fox News · Jun 11
LIV Golf Needs $400 Million to Finish 2026 Season as 2 Events Risk Cancellation
2 articles · Updated · Fox News · Jun 11
Summary
$400 million is still needed for LIV Golf to cover player contracts, purses and operating costs, leaving its late-August events in Indiana and Michigan at risk.
Financial Times reported the tour received about $66 million in May and $130 million in June from Saudi Arabia's Public Investment Fund, but there is no guarantee the remaining money will arrive.
Scott O'Neil said LIV is "full steam ahead" and confirmed funding for the July UK event and Bedminster, yet he would not guarantee the final four tournaments would be played as scheduled.
The funding strain comes after reports that PIF will stop backing LIV after the 2026 season, pushing the tour to seek new investors as some players weigh a return to the PGA Tour.
Any rescue could still leave contract questions if new backers refuse to match LIV's guaranteed $25 million purses, adding to pressure on a tour already denied world ranking points.