LIV Golf Yet to Receive $400M Funding Promised by PIF: Reports
Joburg Open LIV Golf CEO Scott ONeill on the stage during the final round of LIV Golf Singapore presented by Aramco, Sentosa Golf Club, Singapore. 16/03/2025. Picture Steven Flynn / Golffile.ie All photo usage must carry mandatory copyright credit Golffile Steven Flynn Copyright: xStevenxFlynnx *EDI*
Joburg Open LIV Golf CEO Scott ONeill on the stage during the final round of LIV Golf Singapore presented by Aramco, Sentosa Golf Club, Singapore. 16/03/2025. Picture Steven Flynn / Golffile.ie All photo usage must carry mandatory copyright credit Golffile Steven Flynn Copyright: xStevenxFlynnx *EDI*
The last four events of the 2026 LIV Golf season are now threatened by a lack of funds. LIV is yet to receive the entire amount they were promised by the Saudi Public Investment Fund. This may bring the 2026 LIV season to a premature halt.
Sports Business Journal’s Josh Carpenter reposted a post by Sujeet Indap, an editor at The Financial Times, on June 11. The post, credited to The Financial Times, states that the final two LIV Golf events are shrouded in doubt, unless the promised monetary injection from the PIF ($400 million) is seen.
“Financial Times says LIV's next two events are expected to go forward, but there are questions about the final two in Indiana and Michigan.”
In order to complete the season, a commitment of $600 million dollars was made to LIV Golf. Only $200 million of the promised sum has reached the breakaway league. This threatens an untimely pause to the planned events.
The league received $66 million in May and another $130 million in June. But two-thirds of the pledged amount is yet to arrive.
The remaining $400 million is necessary to finish the season.
The Saudi PIF, back in April 2026, confirmed that it would no longer back LIV Golf after the 2026 season. Their official statement noted that their goals are no longer aligned with LIV Golf.
According to the post by Carpenter, LIV Golf United Kingdom and LIV Golf New York will go on as planned. But LIV Golf Indianapolis and LIV Golf Team Championship Michigan will not take place unless the promised funds are procured.
LIV Golf Prize Pool Collapse Risks Losing Top Players
LIV's 2026 season faces jeopardy as the pending $400 is yet to be received from the PIF. This is disastrous for a league whose primary attraction was larger prize pots.
LIV Golf drew several top players with the promise of enormous funds and prize pots. The inability to provide the same will cause a complete collapse in the league’s selling point.
Top golfers such as Brooks Koepka, Jon Rahm, Bryson DeChambeau, and Cameron Smith left the PGA Tour to play for LIV Golf. While Koepka has made his way back to the PGA with the ‘Player Return Program’, the other three have opted to remain with the breakaway league.
If the final events are scrapped, LIV risks losing its remaining stars to the PGA Tour or retirement.
LIV’s top brass are scrambling to find other sources of investment, with CEO Scott O’Neil refusing to comment on the viability of the upcoming events. In a recent CNBC interview, he promised significant returns to all investors.
“What I can guarantee is a heck of a return if you invest in this business,” he stated.
The Financial Times also reported that LIV has cut personnel as well as travel costs, while LIV broadcasts have been “simplified”.
Do you think LIV Golf can conduct its last two events of this season? Let us know in the comments.
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