LIV Golf Secures $250 Million to Keep League Alive
LIV Golf CEO Scott O'Neil announced Wednesday that a lead investor has agreed to fund the tour into 2027, with players set to hold majority equity in the league. O'Neil made the announcement at Trump National Golf Club in Bedminster, N.J., where LIV is hosting a tournament this week.
- $6 billion: what Saudi Arabia's PIF spent backing LIV since its 2022 launch.
- $250–$300 million: the funding range O'Neil had been seeking from new investors.
- More than a dozen additional parties have expressed interest as minority investors.
- 10 team events per year are planned for 2027, split between the U.S. and abroad.
Why it matters: PIF announced in April it would cease financial backing after 2026, leaving LIV officials to find a replacement source of capital or shut down.
- O'Neil has said LIV is five to ten years from profitability, raising questions about returns for any new investors.
- Reports have circulated about a potential bankruptcy filing before a relaunch as 'LIV Golf 2.0,' and about large sums still owed to players including Jon Rahm.
How 14 sources split on this story
Where they split: Whether the unnamed investor and unspecified terms represent a genuine path to stability or a stopgap for a league still far from profit.
Center coverage, 7 sources: The center presents the announcement factually alongside the unresolved question of whether LIV players can return to the PGA Tour.
USA Today6hLIV Golf to make players 'majority equity holders' as league moves ahead
Bloomberg3hBC Partners’ Credit Arm Explores Extending Lifeline to LIV GolfCNCTV News4hLIV Golf has lead investor and planning ahead for another season
ESPN4hLIV gets funding to keep league alive, CEO says
Forbes4hLIV CEO Scott O’Neil Says LIV Golf Has Secured New Investor
Heavy19hLIV Golf Turmoil Continues After Bryson DeChambeau Led Players Only Meeting
Reuters18hLIV players meet amid murky outlook for tourLeft coverage, 4 sources: The left frames the announcement as a tentative lifeline for an unstable league, noting key details — the investor's identity, deal terms — remain undisclosed.
Los Angeles Times4hLIV golfers to hold majority ownership after mystery investor steps in
The Independent5hLIV Golf agrees deal with new lead investor to secure post-Saudi funding future
Al Jazeera3hLIV Golf secures ‘lead’ investor for player-driven future after Saudi exit
The Guardian3hLIV Golf secures ‘lead investor’ until 2030 but future of star names still uncertainRight coverage, 3 sources: The right emphasizes the confirmed cash influx and player-ownership structure as a concrete step forward, while cataloging the league's outstanding financial obligations.
New York Post7hLIV Golf CEO confirms $250 million cash influx as he touts 'multi-partner model' to keep league alive
Daily Mail4hA lifeline for LIV Golf? Embattled CEO reveals huge $250m cash injection from mystery investors... and one big change to keep players happy
Fox News4hLIV Golf CEO quiets speculation with announcement of new investor to keep circuit afloat into 2027What’s next: O'Neil said the transaction is expected to close in September; the board has approved the term sheet.
- The Aug. 27–30 team championship in Michigan is in doubt; no on-site build-out has begun.
- Who is the lead investor, and how much capital are they committing?
- Will the Michigan season finale be canceled, and if so, what happens to the $40 million purse?
- What equity value can players expect from a league O'Neil says is years away from profitability?