LIV Golf is presenting a streamlined 10-tournament international calendar to prospective investors as the organization searches for new financial backing, according to reports from Sportico and CNBC.
The professional golf circuit is actively pursuing between $250 million and $350 million in investment capital to sustain operations past the current season, following Saudi Arabia’s Public Investment Fund’s announcement that its financial support will conclude when this season ends.
The reports indicate that LIV Golf’s presentation to investors centers on a strategy emphasizing global tournaments, highlighting strong attendance numbers from events in Australia and South Africa as examples of the league’s international appeal.
The organization’s original 2026 schedule included 14 tournaments, with five planned for the United States. However, a tournament that was set for New Orleans from June 25-28 has been delayed.
Earlier this week, Bloomberg published a report suggesting LIV Golf is making preparations for a possible bankruptcy proceeding.
A spokesperson for LIV Golf provided Golf Digest with an extensive response to that report.
“LIV Golf is firmly focused on securing a transaction that positions the organization for the long-term,” the statement said. “As we begin presenting our go-forward business plan to prospective capital partners, we are focused on achieving a sustainable future and there are multiple pathways under active exploration.
“We continue to see great momentum on the course and with support through the 2026 season and a clear plan to raise capital, leadership is focused on identifying the right long-term strategic partners who believe in our mission to grow the game of golf worldwide. These conversations are just getting underway, and as they progress, the company expects to gain further clarity around the structure and timing of a potential transaction.”
Beyond losing PIF funding, LIV Golf may also face challenges retaining players. Golf Digest has reported that representatives for multiple players have contacted the PGA Tour regarding possible routes for their clients to return to that organization.
