Can LIV Golf Survive? Seek $250 Million As Costs Continue To Climb

BusinessSportsMoneyCan LIV Golf Survive? Seek $250 Million As Costs Continue To ClimbByTim Corlett,Contributor.Forbes contributors publish independent expert analyses and insights. Professional and Amateur Golffor Break80Follow AuthorMay 27, 2026, 10:49am EDTPLAYA DEL CARMEN, MEXICO - FEBRUARY 02: Captain Jon Rahm of Legion XIII warms up in the practice area during day one of the LIV Golf Invitational - Mayakoba at El Camaleon at Mayakoba on February 02, 2024 in Playa del Carmen, Mexico. (Photo by Manuel Velasquez/Getty Images)Getty ImagesLIV Golf announced its pursuit of $250 million in fundraising to continue its golf tour after funding from Saudi Arabia’s Public Investment Fund (PIF) was reportedly pulled. CEO Scott O’Neil also announced that the league expects to become profitable within two years, down from the initial expectation of ten years. Bloomberg reported that there are plans to move the headquarters to the United States, where bankruptcy laws are more favorable.Source: Bloomberg“LIV Golf is firmly focused on securing a transaction that positions the organization for the long term,” a LIV Golf spokesperson 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.”Source: ESPNMORE FOR YOUIt is unclear how players’ signing bonuses are paid, whether in a large lump sum upfront or through a vesting schedule. Players’ signing bonuses range from Jon Rahm’s rumored $300 million to Harold Varn...