LIV Golf needs money. Here's what next steps might look like

Jon Rahm at LIV Golf Mexico City last month. getty images The swirl around LIV Golf’s tenuous state reached the White House on Thursday. In an Oval Office press conference, President Trump was asked to reflect — against the backdrop of the Saudi Public Investment Fund announcing that it is pulling its LIV funding at the end of the 2026 season — whether he believed the PGA Tour should welcome “the defectors back with open arms”?

Trump, seated at his desk, said that, yes, he would like to see LIV’s top players reintegrated. “I want to see Rory [McIlroy] playing Bryson DeChambeau,” he said. “I want to see big Jon Rahm playing Scottie [Scheffler], who is so great.

” But as for what the future holds for LIV, the president, whose Virginia golf property will play host to a LIV event next week, sounded like he is as uncertain as the rest of us. “I’m not sure what’s happening with LIV,” he said. What we do know is that the PIF is out , by way of a larger strategic pivot from the Kingdom’s coffer keepers and oil-revenue stresses caused by the war in the Middle East.

The beginnings of a new LIV board also are in place, led by corporate restructuring veterans Gene Davis and Jon Zinman, who LIV said in a statement have been charged with “institutionalizing the league and evaluating the range of strategic opportunities that have emerged with the league’s rise. ” Read: sell it or unwind it. Selling LIV will, of course, not be easy, at least not in its current form.