Jon Rahm has withdrawn from this week’s Open de Espana due to the impending birth of his fourth child.<\/p>\n
The Spaniard, who equalled Seve Ballesteros by winning the tournament for a third time in 2022, has been a big supporter of his home event and was the big draw at Club de Campo Villa de Madrid this week.<\/p>\n
However, his name was removed from the entry list on Tuesday but his decision to remain at home in the United States with wife Kelley is no real surprise as he raised the prospect earlier this summer.<\/p>\n
“I want to play Dunhill (Links Championship) and Spanish Open but that doesn’t seem like because of our due date being in October,” Rahm, who missed last week’s Dunhill, said previously.<\/p>\n
“Being our fourth, I don’t think I would have time to fly back and be on time. So most likely I miss those two.”<\/p>\n
Rahm’s absence in Spain does create an issue for him as his appearance in Madrid was due to be his fourth on the DP World Tour this season, the minimum number to ensure continued membership next year.<\/p>\n
After this week there are two regular events remaining in India and South Korea before the tour heads to the Middle East for the season-ending tournaments in Abu Dhabi and Dubai next month.<\/p>\n
Patrick Reed, the Race to Dubai leader, will tee it up in Madrid as he seeks to extend his lead over Rory McIlroy.<\/p>\n
Other big names playing this week include Shane Lowry, home favourite Sergio Garcia, English duo Justin Rose and Tyrrell Hatton and Ludwig Aberg.<\/p>\n
Meanwhile LIV Golf has secured an initial funding commitment for a potential $300 million (\u20ac266m) investment from BC Partners Credit to help relaunch in 2027.<\/p>\n
The breakaway series filed for bankruptcy last month after Saudi Arabia’s Public Investment Fund – which had spent $5bn in four years – announced it was withdrawing support at the end of the season.<\/p>\n
That cast the future of LIV into doubt but a deal with BC, subject to approval from the bankruptcy court, gives it the chance to reset next year.<\/p>\n
BC signed a term sheet with LIV last month, requiring it to sign half of the players to whom it owes money, as part of its financing plan.<\/p>\n
However, there is no obligation for the current crop to rejoin, with Garcia last week submitting court papers asking for his contract to be terminated.<\/p>\n
The bankruptcy papers showed LIV owed $64m to its top 27 creditors, with $45m owed to current and former players at the time of the filing, but did not include future obligations.<\/p>\n
Reports suggested Rahm is owed up to $150m for the remainder of his contract.<\/p>\n
“Our goal is to facilitate LIV Golf’s emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season,” said Ted Goldthorpe, partner and head of BC Partners Credit.<\/p>\n
The first of several hearings related to the bankruptcy will be held later this week.<\/p>\n
“We’re delivering on our major milestones, and while there is still work ahead, today marks meaningful progress toward a player-owned, team-focused, truly global league that complements the wider game and creates new opportunities for players, fans, partners, and the next generation of golfers,” LIV Golf chief executive Scott O’Neil said.<\/p>\n","protected":false},"excerpt":{"rendered":"Jon Rahm has withdrawn from this week’s Open de Espana due to the impending birth of his fourth…\n","protected":false},"author":2,"featured_media":793859,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,101,56,54,55],"class_list":["post-793858","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\/793858","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=793858"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/793858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/793859"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=793858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=793858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=793858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}