But as the league seeks between $250 million and #50 million to help keep it afloat, its other star—fellow two-time major winner Jon Rahm—has ruled out performing a similar role to DeChambeau during the pitching process.

“I am not, no,” Rahm said during a press conference in Spain on Tuesday at LIV Golf Andalucia when ask about meeting with potential investors. “I said [moments earlier] it in Spanish; I don’t know how to translate it to English; it would be more of a ‘stay-in-your-lane’ type situation as it goes to me.

“I know nothing about business. I’m never going to claim to know anything about business, and if I was in a business pitch, I would not know the first thing to say. My job is to play golf, and I’ll say it is hard enough as it is, especially this week [at the exacting Valderrama course].”

Rahm has three children and a fourth expected later this fall. While the 31-year-old would listen to any suggestions on how he could get involved, Rahm said there were time constraints.

He also has two remaining major championships outside of LIV Golf, as well as a minimum five DP World Tour events to compete in after reaching an agreement to continue playing on the circuit.

“If any player who knows what they’re doing is willing to do certain things like that, I think it can only help,” Rahm said. “To have insight from a player on a meeting like that can help, and I’m open for any suggestions possible. But I would also say I don’t have the free time that Bryson has to be flying around the country to attend meetings with three little ones and one on the way. Even if I wanted to, I don’t know if I could do it.”

LIV Golf is in the process of pitching to investors with the assistance of New York-based Ducera Partners.

It is believed the league is pitching a 10-event schedule to potential investors while trying to secure between $250 million and $350 million. A re-shaped LIV Golf would extend equity beyond just the team captains and will have an emphasis on team golf. More than 12 players provided introductions to potential investors, for both the league and its teams.

In contrast to Jon Rahm, Bryson DeChambeau is working with LIV Golf officials to meet with potential investors to help secure future funding for the league. Jamie Squire

This came about after the Public Investment Fund confirmed it would not finance LIV beyond the 2026 season, following a reported spend of between $5 billion and $8 billion since the league launched in 2022.

Last week at LIV Golf Korea, DeChambeau was asked by reporters about the PIF’s withdrawal from LIV and his confidence in securing new investment.

“One door closes, another opens,” DeChambeau said. “I think that’s the way a lot of us are looking at it. I think we all have optimism that there is a business plan that makes sense for team golf.

“I’m very optimistic with the business plan of team golf compared to other models, in my opinion.”

LIV Golf CEO Scott O’Neil had said previously that five-time league winner DeChambeau had been “a driven” partner.

“You want to talk about a business partner, we’re literally talking about the future of LIV Golf, I’m talking with him about how does he see, not just the golf, but the business? He’s smart, he’s driven, he’s committed, and he’s a heck of a partner.”

LIV Golf Andalucia, the ninth event of the season, starts Thursday at Valderrama, a former DP World Tour and World Golf Championships host course. It also held the 1997 Ryder Cup.

The league will then take a seven-week break given its Louisiana event, scheduled for June, has been postponed until a potential fall date.

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Axios’ Dan Primack reports that as O’Neil shops LIV to outside investors, the league is seeking $250 million, projecting profitability within 20 months. A secondary option exists at $150 million, contingent on team sales and a new media rights deal bridging the gap.

The timing reflects a broader PIF retrenchment. Last month, the sovereign wealth fund announced a strategic pivot toward domestic programs, cutting expenditures on global ventures that have failed to generate returns. PIF is estimated to have injected between $5 and $8 billion into LIV since the league launched in 2021, money that has largely disappeared into a venture that never attracted large outside investors and never approached profitability. O’Neil himself said earlier this year that breakeven could still be a decade away.

The fund’s retreat predates LIV’s crisis, however. Saudi Arabia was already pulling back from promised international investments before the Iran War, squeezed by budget shortfalls and overextended commitments. The U.S.-Israeli conflict with Iran accelerated the reckoning. Iran’s closure of the Strait of Hormuz has slashed Saudi oil exports by nearly half. The kingdom has shuttered most of its offshore fields and this month halted one of the world’s largest petrochemical plants, a staggering blow to a fund whose estimated worth, once pegged near $940 billion, now looks increasingly theoretical.

Against that backdrop, Yasir Al-Rumayyan — PIF governor, LIV’s architect, and chairman of its board — stepped down. The league has named Gene Davis and Jon Zinman to lead a restructured board, describing them as “seasoned experts with proven track records for navigating complex situations and unlocking value for global organisations.”

As LIV stares into an uncertain future, Golf Digest has reported that agents for several LIV players have already reached out to the PGA Tour about paths back. Few are expected to receive the kind of exemption extended to Brooks Koepka. Those who participated in LIV’s antitrust lawsuit against the Tour could face additional discipline.

On the course, LIV has already postponed one event this season, citing summer heat and World Cup scheduling conflicts. Jon Rahm and Cameron Smith both contended at the PGA Championship over the weekend. Bryson DeChambeau, LIV’s marquee attraction, missed the cut for the second consecutive major.

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