{"id":746053,"date":"2026-08-22T10:08:14","date_gmt":"2026-08-22T10:08:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/746053\/"},"modified":"2026-08-22T10:08:14","modified_gmt":"2026-08-22T10:08:14","slug":"liv-golf-collapse-2026-sergio-garcia-masters-meltdown-catalyst-for-pif-withdrawal-reports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/746053\/","title":{"rendered":"LIV Golf collapse 2026: Sergio Garcia Masters meltdown catalyst for PIF withdrawal; reports"},"content":{"rendered":"<p><a href=\"https:\/\/wwos.nine.com.au\/sergio-garcia\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">Sergio Garcia<\/a>\u2018s shocking meltdown at <a href=\"https:\/\/www.nine.com.au\/topic\/us-masters-golf-63o\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">The Masters<\/a> was the catalyst for <a href=\"https:\/\/www.nine.com.au\/topic\/liv-golf-series-6flu\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">LIV Golf<\/a>\u2019s spectacular collapse, according to a new report.<\/p>\n<p>Garcia, the 2017 Masters champion, <a href=\"https:\/\/www.nine.com.au\/sport\/golf\/the-masters-2026-sergio-garcia-meltdown-outburst-video-smashes-club-social-media-apology-20260415-p5znyl.html\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">tore chunks out of the tee box and destroyed his driver<\/a> on a wooden bench after spraying his tee shot on the par-5 second hole during the final round at Augusta in April.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/3d47100dd7b5dc1b2cf3b29b8e06e040134bf215.png\"  width=\"100%\"\/><\/p>\n<p class=\"_0b53bae146db0b62 _7475dd3391ee1518\" style=\"--text-color:var(--color-text-secondary)\">Sergio Garcia\u2019s meltdown at the Masters was reportedly the catalyst for LIV Golf\u2019s collapse.\u00a0X<\/p>\n<p>According to The Financial Times, Saudi PIF head Yasir Al-Rumayyan\u2019s \u201cembarrassment\u201d at the tantrum <a href=\"https:\/\/www.nine.com.au\/sport\/golf\/news-2026-liv-tour-pif-withdraws-funding-saudi-money-future-what-it-means-players-20260430-p5zsdv.html\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">directly lead to his decision to pull the pin on an estimated $6 billion of funding<\/a>, having previously committed to the endeavour until the end of 2032.<\/p>\n<p>The report comes midway through what might be the final ever LIV tournament at Indianapolis, after the cancellation of the previously-scheduled season-ender in Michigan.<\/p>\n<p>Although the official cancellation came barely a fortnight before the tournament was scheduled to start, <a href=\"https:\/\/www.nine.com.au\/sport\/golf\/news-liv-adelaide-doubt-payment-deferred-kooyonga-golf-club-teams-championship-cancelled-20260729-p60jjf.html\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">its downfall had been expected for weeks<\/a>. <\/p>\n<p>Contractors had weeks earlier had accommodation and travel plans cancelled, while others had stopped being paid. Local residents also reported none of the temporary infrastructure including grand stands and hospitality tents had been built.<\/p>\n<p>LIV chief executive Scott O\u2019Neill <a href=\"https:\/\/www.nine.com.au\/sport\/golf\/news-liv-golf-secures-funding-2027-adelaide-event-safe-20260806-p60luo.html\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">earlier this month announced he had locked in a new investor<\/a>, but released no other details. <\/p>\n<p>There are reports the new backers want assurances the competition\u2019s biggest names \u2013 <a href=\"https:\/\/www.nine.com.au\/person\/bryson-dechambeau-25cv\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">Bryson DeChambeau<\/a> and <a href=\"https:\/\/www.nine.com.au\/person\/jon-rahm-25t5\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">Jon Rahm<\/a> in particular \u2013 will be playing before they commit the cash.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/www.nine.com.au\/person\/cameron-smith--golfer--6fkq\" class=\"sc-iRgEWu hHENWX\" rel=\"nofollow noopener\" target=\"_blank\">Cameron Smith<\/a> is two shots off the lead after the opening two rounds at Indianapolis.<\/p>\n<p>Smith carded a bogey-free 7-under 63 in the opening day, but had much more of a grind on the second.<\/p>\n<p>Starting on the first hole in the shotgun start format, he made birdies on the second and fifth holes, but made the turn even for the round after bogeys on six and eight. He made another birdie on the 11th but gave it back on the 15th. He finished strong with two more birdies on 16 and 18.<\/p>\n<p>Smith is one of seven players at 9-under, two behind solo leader Richard Lee.<\/p>\n","protected":false},"excerpt":{"rendered":"Sergio Garcia\u2018s shocking meltdown at The Masters was the catalyst for LIV Golf\u2019s spectacular collapse, according to a&hellip;\n","protected":false},"author":2,"featured_media":746054,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,101,56,54,55],"class_list":["post-746053","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\/746053","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=746053"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/746053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/746054"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=746053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=746053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=746053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}