Bryson DeChambeau is breaking his silence after the Public Investment Fund ended LIV Golf funding. The two-time major winner remains optimistic despite the league facing its most significant financial pivot since launching.

On April 30, PIF announced that it will no longer fund LIV starting next season. Following that, Axios recently reported that the league has made efforts to raise capital in the range of around $350 million.

“We were surprised that they pulled out as quickly as they did. We didn't really see that coming. But that's okay. One door closes, another opens. I think that's the way a lot of us are looking at it,” said DeChambeau ahead of LIV Golf Korea.

DeChambeau further stated, "we all have optimism that there's a business plan that makes sense for team golf."

The team-golf model has stood out to him more compared to other formats.

However, PIF and DeChambeau do not appear to share the same outlook. The PIF released their statement stating that the investment was “no longer consistent with the current phase” of its strategy.  

“But again, other models have worked, as well, so I'm not going to say that one is better than the other, but I do see value in what team golf can provide not only worldwide but also in grass-rooting the game of golf,” DeChambeau added.

The 32-year-old revealed some future plans for the league that include investing in grassroots golf and supporting team golf at both the local and national levels.

With this week’s event in South Korea, LIV golfers have now traveled to eight different countries for the first eight events of the season.

DeChambeau is determined to give his all for the future of the team-based league. Another marquee signing, Jon Rahm, has also shown his support for the league in recent weeks.

Jon Rahm Wants To Stay In LIV

Bryson DeChambeau and Jon Rahm are among the biggest names in LIV, and both joined after signing lucrative contracts.

"We want to be here," Rahm said. "It's been a lot of fun. I want to keep competing. I want to keep sharing some time with [my teammates], but time will tell. Obviously, I think Scott and his team have a lot of hard work to do."

With PIF backing out, the contracts of Rahm, DeChambeau, and other big stars could now be in jeopardy.

LIV Golf CEO Scott O’Neil earlier said that the players may need to make “some concessions on their part.”

The league's survival now hinges on securing new long-term investors to replace the PIF capital.

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Written by

Avishek Sarkar

Edited by

Pulkit Prabhav