The LIV Golf series, which features high-profile players such as Phil Mickelson and Bryson DeChambeau, is at a crossroads with Saudi Arabia's Public Investment Fund cutting off its funding.
Wednesday, 20 May 2026 | 3:25 AM MYTGolf - LIV Golf Mexico - Club de Golf Chapultepec, Mexico City, Mexico - April 17, 2026 General view of the LIV Golf Mexico sign during second round REUTERS/Henry Romero May 19 - LIV Golf has begun laying the groundwork for a potential U.S. bankruptcy filing if it fails to raise new funds, Bloomberg News reported on Tuesday, citingpeople familiar with the matter.
Saudi Arabia's Public Investment Fund, which has spent more than $5 billion on LIV Golf since it launched in 2022, said in April that investing in the league no longer fit with its investment strategy. The PIF's decision to cut LIV Golf's funding at the close of the 2026 season has left the breakaway circuit scrambling for new backers and raises questions about the future of its big-name players on lucrative contracts.
LIV has previously said it had posted a 100% increase in revenue year-on-year this season and was convinced that the team golf model would be highly attractive to investors. Follow us on our official
LIV Golf Saudi Arabia Public Investment Fund Bankruptcy U.S. Funding Phil Mickelson Bryson Dechambeau
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