{"id":692332,"date":"2026-05-24T22:54:13","date_gmt":"2026-05-24T22:54:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/692332\/"},"modified":"2026-05-24T22:54:13","modified_gmt":"2026-05-24T22:54:13","slug":"the-expensive-reality-behind-liv-golfs-future-350m-investment-and-reduced-events","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/692332\/","title":{"rendered":"The Expensive Reality Behind LIV Golf\u2019s Future: $350M Investment and Reduced Events"},"content":{"rendered":"

LIV Golf is seeking around $350 million investment while exploring bankruptcy options to ensure its long-term survival. Changes to its schedule is also on the table for the league.<\/p>\n

The PIF\u2019s withdrawal changed everything for the team-based league. LIV Golf CEO Scott O’Neil is now working to secure multiple new investors and introduce changes aimed at profitability.<\/p>\n

“LIV Golf is firmly focused on securing a transaction that positions the organization for the long-term. 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,\u201d said a LIV Golf spokesperson.<\/p>\n

\"\"<\/p>\n

Joburg Open LIV Golf CEO Scott ONeill on the stage during the final round of LIV Golf Singapore presented by Aramco, Sentosa Golf Club, Singapore. 16\/03\/2025. Picture Steven Flynn \/ Golffile.ie All photo usage must carry mandatory copyright credit Golffile Steven Flynn Copyright: xStevenxFlynnx *EDI*<\/p>\n

A reduced 10-event international schedule<\/a> is being pitched to potential investors as opposed to the 14-event roster from the previous years. The main focus would be events in Australia and South Africa, which have witnessed record attendance figures in the past.<\/p>\n

\u201cWe have to create a plan that\u2019s a business plan\u2014a business that works from a business standpoint, from a profit and loss standpoint,\u201d O\u2019Neil said at LIV Golf Virginia two weeks ago. \u201cWe are well on our way to that.\u201d<\/p>\n

The league is actively seeking fresh investment from potential investors, with retained investment banking advisor Ducera guiding the process.<\/p>\n

Axios has reported that LIV aims to become profitable within two years if it secures the target funding. The value of the teams and a new media rights deal could become critical if the league fails to secure the necessary investment.<\/p>\n

It has also emerged that the league is exploring bankruptcy as a possible option to turn things around.<\/p>\n

LIV Golf Assessing Bankruptcy As An Option<\/p>\n

LIV will reportedly consider every measure on its road to profitability, including declaring bankruptcy.<\/p>\n

Bloomberg reported that the league would be open to filing for bankruptcy in the U.S. if it is unsuccessful in securing new investors.<\/p>\n

Bloomberg also stated that filing for Chapter 11 in the U.S. \u201cprevents creditors in other jurisdictions from seizing assets or enforcing judgments against the bankrupt company.\u201d<\/p>\n

However, apart from the U.S., the league also has entities based in the UK and the island of Jersey.<\/p>\n

Real estate and employment contracts can be nullified through bankruptcy filings, and that could benefit the league\u2019s financial restructuring.<\/p>\n

Read more at Club Golf<\/a>!<\/p>\n

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