LIV Golf secures unnamed lead investor to support 2027
LIV Golf said in a press release on 5 August 2026 that it has secured an unnamed lead investor to keep the competition running in 2027 after the Saudi Public Investment Fund (PIF) said in April it would end its multibillion-dollar backing at the end of the season. Chief executive Scott O'Neil said a signed agreement with the new investor has been approved by the LIV Golf board and the transaction is expected to be completed in September.
PIF has invested more than $5bn (£3.71bn) in LIV Golf since the league launched in 2022, the company said, but no details of the amount the new investor will provide were disclosed. O'Neil said LIV will make its players "majority equity holders" in the competition, calling it "a first for a major global sports league". The LIV press release described the proposed deal with the lead investor as covering "2027 and beyond". The company also said the competition will reduce to 10 events from next season, with five in the United States and five held around the world.
There had been 14 events planned for the 2026 season, but in April LIV postponed June's New Orleans competition and has not announced a rescheduled date. LIV was founded in 2021 and launched the following year with 54-hole events, taking its name from the Roman numeral for 54; it moved to the traditional 72-hole format from this season.
Two-time major winner Jon Rahm has won two LIV events this season. Major winners Bryson DeChambeau, Dustin Johnson, Jon Rahm, Cameron Smith, Martin Kaymer and Sergio Garcia remain part of the LIV roster after leaving the PGA Tour, while American major champions Brooks Koepka and Patrick Reed rejoined the PGA Tour after it introduced a returning member programme.
In July the PGA Tour and DP World Tour struck an alliance with the Asian Tour, a development cited in the article as another blow to LIV Golf. O'Neil said the organisation is also seeing interest from other potential investors and stated: "We're also seeing strong interest from more than a dozen additional parties to potentially serve as minority investors, creating a multi-partner model built for long-term stability and growth."
O'Neil said LIV is focused on "delivering a great week for fans and players at Bedminster" in New York, starting on Sunday, and on "finishing the 2026 season strong." He made no explicit mention of the final two events scheduled this season, which are listed as Indianapolis from 23 August and the concluding team championship in Michigan from 30 August.