{"id":575947,"date":"2026-08-05T22:20:13","date_gmt":"2026-08-05T22:20:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/575947\/"},"modified":"2026-08-05T22:20:13","modified_gmt":"2026-08-05T22:20:13","slug":"liv-golf-secures-lead-investor-until-2030-but-future-of-star-names-still-uncertain-liv-golf-series","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/575947\/","title":{"rendered":"LIV Golf secures \u2018lead investor\u2019 until 2030 but future of star names still uncertain | LIV Golf Series"},"content":{"rendered":"

LIV Golf<\/a> has secured a \u201clead investor\u201d to safeguard its existence until 2030, although the agreement is unlikely to prevent a batch of high-profile players departing by the end of this year.<\/p>\n

Scott O\u2019Neil, LIV\u2019s chief executive, announced basic plans for the \u201cnext generation\u201d of the tour on Wednesday while refusing to disclose the new funders of the business. After the withdrawal of backing from Saudi Arabia\u2019s Public Investment Fund, O\u2019Neil has been engaged in a race against time to save his business.<\/p>\n

\u201cWe\u2019re very fortunate that a lead investor has signed a term sheet approved by our board, which will carry and fund LIV going forward,\u201d O\u2019Neil said. \u201cIt\u2019s very good news for us. At this point we are keeping the details of the deal, the investor, and much of what you might want to know in this second phase out of the media.\u201d<\/p>\n

It is expected that this scenario could crystallise by the end of August, including with precise detail of who will play on LIV in 2027. Asked whether conclusion of the deal will protect the 2027 season, O\u2019Neil said: \u201cAnd 28 and 29 and 30.\u201d He insisted the investor is one \u201cof weight\u201d.<\/p>\n

LIV\u2019s current format involves 14 events per year and prize funds of $30m per tournament, split between individual and team prizes. Players have contracts with LIV linked to those terms. The business has lost huge sums, meaning an estimated $5bn of Saudi money was essential. From 2027, the plan is understood to involve a core of 10 events worth $10m each. Players will be given the majority of equity in the business.<\/p>\n

While generally LIV golfers have not spoken in public about potential pathways back towards the PGA Tour \u2013 partly because of contractual commitments \u2013 there is a widespread belief the change in circumstances overseen through necessity by O\u2019Neil will trigger huge change. LIV coaxed golfers, often for hundreds of millions of dollars, from the PGA Tour from the point of its formation in 2021.<\/p>\n

Asked directly on the futures of Bryson DeChambeau<\/a> and Jon Rahm, LIV\u2019s two star turns, O\u2019Neil said: \u201cI have all the time in the world for Jon Rahm and Bryson DeChambeau. I think I\u2019d be remiss in saying they\u2019re not only two of the biggest, best golfers on the planet, but I think they\u2019re some of the biggest stars in sports, let alone golf. [I] would certainly love them to come along for the ride and journey because they carry maybe more weight than anybody in the game and I have a lot of time for that.\u201d<\/p>\n

\u201cI think we have enough support from enough players, and we have such an interesting format and global format, I think we\u2019ll do quite well in getting the right stars for this game.\u201d<\/p>\n

DeChambeau\u2019s scenario is complicated by perceived mutual indifference between him and the PGA Tour, plus the Californian\u2019s floating of switching towards YouTube golf. Cameron Smith, Tyrrell Hatton and Dustin Johnson are other key names<\/a> whose choice of upcoming playing domain will prove intriguing.<\/p>\n","protected":false},"excerpt":{"rendered":"LIV Golf has secured a \u201clead investor\u201d to safeguard its existence until 2030, although the agreement is unlikely…\n","protected":false},"author":2,"featured_media":575948,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[85,46,105],"class_list":["post-575947","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-il","tag-israel","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/575947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=575947"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/575947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/575948"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=575947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=575947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=575947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}