LIV Golfers in the dark over current situation, ‘scramble’ has now been set off
We are watching the fall of Rome as reports that LIV Golf’s time is finally up flood the timeline. Saudi Arabia’s Public Investment Fund is reportedly no longer funding the tour, as the project has become financially unsustainable.
Photo by Hector Vivas/Getty Images We are watching the fall of Rome as reports that LIV Golf’s time is finally up flood the timeline. Saudi Arabia’s Public Investment Fund is reportedly no longer funding the tour, as the project has become financially unsustainable. This means LIV needs to find outside funding, which seems unlikely, or fold completely.
This news surfaced in the build-up to LIV Mexico, as reporters everywhere scrambled for the limited facts available. Initially, all that was reported was that a “bombshell announcement” was coming, but the rest was speculation. Even the players seemed in the dark, as Anthony Kim took to X to express his surprise.
But now we have a clearer picture of what is to come and the scramble that is set to ensue. Photo by Jared C. Tilton/Getty Images Full details of LIV Golf’s potential collapse reported Reports detailing the full extent of this shocking collapse are now surfacing, as we get a clearer picture of why the PIF is withdrawing funding.
Trey Wingo took to X, posting: “Additional reporting after multiple conversations today with sources close to the situation: “- This is not being characterized internally as a funding cutoff, but rather a transition. LIV Golf is funded through the end of the year, and they were given two choices: “You can shut it down now or you can ride it out through the end of the year and get outside funding. “- The expectation is the league will complete the season.