{"id":554860,"date":"2026-04-28T10:24:08","date_gmt":"2026-04-28T10:24:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/554860\/"},"modified":"2026-04-28T10:24:08","modified_gmt":"2026-04-28T10:24:08","slug":"liv-golf-could-reschedule-junes-new-orleans-event","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/554860\/","title":{"rendered":"LIV Golf could reschedule June’s New Orleans event"},"content":{"rendered":"

Discussion about LIV’s future went into overdrive earlier this month as the tour prepared for its latest event in Mexico.<\/p>\n

Several media outlets – across golf, sports news and finance – reported its imminent closure, before chief executive O’Neil insisted it was business as usual in a tubthumping email to staff.<\/p>\n

It was striking O’Neil only spoke about 2026 and did not address what might lie ahead.<\/p>\n

Players were told last month that funding was in place until 2032 but well-placed figures in European golf told BBC Sport they believe PIF is withdrawing its financial support.<\/p>\n

One source said he fully expected 2026 to be LIV’s last season and another felt its leadership was trying to convince itself other revenue could be found.<\/p>\n

But many – as one summarised – think it may fall apart quickly.<\/p>\n

The LIV project, which pivoted to a more traditional 72-hole format this year, has been bankrolled by an eye-watering amount of money from PIF.<\/p>\n

The overall investment surpassed $5bn (\u00a33.8bn) when fresh capital of $266.7m was injected earlier this year, external<\/a>.<\/p>\n

The tour’s net losses in markets outside the US increased to $462m (\u00a3340m) in 2024, meaning it had lost more than $1.1bn (\u00a3810m) since it was established in 2021.<\/p>\n

With vast amounts of money pumped into the US arm of the operation, losses look likely to run to several billion dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"Discussion about LIV’s future went into overdrive earlier this month as the tour prepared for its latest event…\n","protected":false},"author":2,"featured_media":554861,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,101,56,54,55],"class_list":["post-554860","post","type-post","status-publish","format-standard","has-post-thumbnail","category-golf","tag-golf","tag-sports","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/554860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=554860"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/554860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/554861"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=554860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=554860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=554860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}