golf

LIV Golf reportedly laying groundwork for US bankruptcy if new investors aren't secured

By Ryan YoungYahoo Sports

Saudi Arabia's Public Investment Fund is pulling funding for LIV Golf after the 2026 campaign.

LIV Golf is apparently working on a potential shutdown plan. The organization has started laying the groundwork for a potential U. S.

bankruptcy filing if it fails to raise new funds by the end of the season, according to Bloomberg News . If those funds aren’t secured by the end of the 2026 campaign, LIV Golf is “preparing for the league’s collapse” as a possible outcome. Saudi Arabia’s Public Investment Fund is pulling funding from the startup league at the end of the 2026 campaign.

The league first launched in 2022, but has undoubtedly struggled to gain traction in recent years while the PIF has poured billions into the venture. The merger-of-sorts with the PGA Tour that was announced at the height of the Tour-LIV feud never came together, either. LIV Golf is seeking long-term financial partners to help replace the PIF and survive after the 2026 season.

According to Axios , LIV Golf is trying to raise up to $250 million from new investors. That amount could get LIV Golf to profitability within two years, per that report. If LIV Golf does shut down at the end of the 2026 season, it’s unclear where the league’s biggest names would land in the golf world.