started · updated
LIV Golf secures new lead investor as Saudi funding ends
LIV Golf announced that it has signed a board‑approved agreement with a new, unnamed lead investor, allowing the breakaway circuit to continue beyond the 2026 season after Saudi Arabia’s Public Investment Fund (PIF) withdrew its backing. The league’s chief executive, Scott O’Neil, said the investor’s identity and the amount of capital were not disclosed, but that more than a dozen additional parties have expressed interest as minority investors. Under the new structure, players will become majority equity holders, a first for a global sports league. LIV also confirmed that its schedule will be trimmed to ten events, split evenly between the United States and international venues. Uncertainty remains over the season‑ending LIV Golf Michigan Team Championship scheduled for Aug. 27‑30, which may be cancelled as the venue has not begun preparations. A players‑only meeting at Trump National Golf Club Bedminster was led by two‑time U.S. Open champion Bryson DeChambeau, where captains discussed the league’s future. The league hopes to finalize the investor deal by September and launch a “LIV Golf 2.0” season in 2027.
Entities
BC Partners · Ben An · Bryson DeChambeau · Cameron Smith · LIV Golf · Michigan Team Championship · Richard Bland · Saudi Public Investment Fund · Scott O'Neil · Scott O’Neil · The Cardinal at Saint John's Resort · Trump National Golf Club Bedminster
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The identity and amount of the new lead investment were not disclosed. mix929.com · mymotherlode.com · nypost.com
- [DISPUTED] Saudi Arabia’s Public Investment Fund withdrew its funding for LIV Golf after the 2026 season. mix929.com · g3.football · mymotherlode.com · wxerfm.com · www.independent.co.uk · +14 more
- [● 15 SOURCES] The LIV Golf Michigan Team Championship scheduled for Aug 27‑30 may be cancelled. wdez.com · www.golfmagic.com · nypost.com · irishgolfer.ie · kelo.com · +9 more
- [● 11 SOURCES] Bryson DeChambeau led a players‑only meeting at Trump Bedminster on August 5. www.nytimes.com · wdez.com · www.golfmagic.com · irishgolfer.ie · g3.football · +5 more
- [● 19 SOURCES] Players will become majority equity holders in LIV Golf. mix929.com · mymotherlode.com · nypost.com · wxerfm.com · www.independent.co.uk · +14 more
- [● 14 SOURCES] Scott O’Neil expects to finalize terms with the lead investor in September. mix929.com · mymotherlode.com · nypost.com · wxerfm.com · www.independent.co.uk · +9 more
- [● 19 SOURCES] LIV Golf has secured a new lead investor with a board‑approved agreement. mix929.com · mymotherlode.com · nypost.com · wxerfm.com · www.independent.co.uk · +14 more
- [● 18 SOURCES] LIV Golf’s schedule will be reduced to ten events, split evenly between the United States and international venues. mix929.com · mymotherlode.com · wxerfm.com · www.independent.co.uk · www.latimes.com · +13 more
- [● 16 SOURCES] LIV Golf is seeking roughly $300 million in additional capital to sustain operations through 2027. dnyuz.com · nypost.com · mymotherlode.com · www.archynetys.com · mix929.com · +11 more
- [● 16 SOURCES] The identity and amount of the new lead investor were not disclosed. www.archynetys.com · mix929.com · wxerfm.com · www.golfbranschen.se · spartanskenoviny.cz · +11 more
- [● 12 SOURCES] More than a dozen additional parties have shown strong interest as potential minority investors. mix929.com · g3.football · www.golfaustralia.com.au · mymotherlode.com · www.archynetys.com · +7 more