Sport Business World

LIV Golf Funding Crisis

LIV Golf Funding Crisis

Despite Jon Rahm leading the leaderboard in Mexico City, the mood around the breakaway tour has turned increasingly grim.

The Saudi Public Investment Fund, which has invested billions into the project, is reportedly facing its own liquidity challenges and is prioritizing other massive infrastructure projects like Neom.

Players and staff are reportedly in the dark about the tour's long-term viability as negotiations with the PGA Tour remain stalled.

The potential collapse of LIV Golf would mark a dramatic end to one of the most disruptive and controversial chapters in the history of professional sports.

LIV Golf
Professional golf tour
Public Investment Fund
Sovereign wealth fund owned by Saudi Arabia
Scott O'Neil
International sports executive
Jon Rahm
Spanish professional golfer