The report says that LIV Golf needs $600 million to make it through the end of its 2026 schedule. The PIF has only delivered just short of $200 million—$66 million in early May, $130 million in early June—since news broke in April that it would stop funding the tour after the end of this year. The Financial Times report cites two people close to the situation who said that the PIF’s incentive to spend more money for LIV Golf “would diminish the longer LIV went without securing a new backer.” LIV Golf CEO Scott O’Neil has been vocal about saying he and other top officials are actively seeking investors for the league to continue beyond this year.

PIF declined to comment to the Financial Times but told it to look back on its original statement that said, “PIF has made the decision to fund LIV Golf only for the remainder of the 2026 season. The substantial investment required by LIV Golf over a longer term is no longer consistent with the current phase of PIF’s investment strategy.”

Only four events remain on the LIV Golf schedule, the next one July 23-26 in the United Kingdom. A report from Front Office Sports earlier this week quoted a high-ranking LIV Golf executive who said, “every remaining tournament is on the fence.” The event scheduled for New Orleans late this month was postponed last month, but there’s been no word on a rescheduled date, leading to implications that it will not be played.

In an interview on CNBC this week, O’Neil was asked if he could guarantee if the four remaining events would be played.

“What I can guarantee is a heck of a return if you come invest in this business,” O’Neil said. LIV Golf’s streaming service was cut last month to save costs.

On Wednesday, the Australian Open announced it was expanding its relationship between the PGA Tour and DP World Tour. That news is significant because one of the future approaches LIV Golf had discussed was blending its tournaments with national opens.

“We think they’re the most underappreciated, undermarketed, underdeveloped assets in golf,” O’Neil said, “and the reason is it gets us on the ground to grow the game of golf.”

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O’Neil is starting to make pitches to prospective financers now that Saudi PIF has stopped bankrolling the league following somewhere in the range of $5 to $8 billion spent on the venture. The league is seeking $250 million to $350 million to continue operations and is projecting profitability within three years. Axios reported earlier this week that LIV was targeting profitability in 20 months. In a February interview with the Financial Times, CEO Scott O’Neil said profitability could be five to 10 years away, and in a since-deleted on-air comment, O’Neil said the league had funding only through the end of 2026.

However, earlier this week Front Office Sports reported there is doubt among LIV executives that the league will be able to complete its remaining four events on the calendar. LIV has already postponed one event this season, citing summer heat and the World Cup. Asked during a guest spot on CNBC’s afternoon programming, O’Neil was asked if he could guarantee those events will be played.

“What I can guarantee is a heck of a return if you come invest in this business,” O’Neil said.

O’Neil asserted LIV has a “very, very special opportunity to create tremendous value,” and said he’s had five meetings about funding interest and more scheduled for this week. “While we have incredible business momentum, what we don’t have is a lot of time, so we’re very urgently out there talking to those who are interested,” he said.

In late April LIV created an independent board of directors to help focus on securing long-term financial partners after Yasir Al-Rumayyan, the governor of the PIF and architect of LIV Golf who had held the position of chairman of LIV’s board, stepped down. Still, while PIF is gone, O’Neil believes they will fund the remaining four events.

“I can say they’ve been terrific partners so far, and you have to take an incredible organisation like PIF at their word,” O’Neil said. “They’ve been very public about funding us through the season, so we are full steam ahead.”

LIV Golf’s next event is scheduled for July 23-26 outside of London.

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This weekend at LIV Golf Andalucia, where DeChambeau finished T-11, Flushing It Golf spoke to the Crushers G.C. captain about the current state of his game and how he can avoid a third straight major missed cut at Shinnecock. As always, the human headline magnet delivered some fascinating insight. Check it out.

Bryson DeChambeau’s next event after LIV Golf Andalucia is the US Open, where he’ll attempt to win his 3rd gold medal. He spoke to Flushing It Golf at Valderrama about his preparation ahead of Shinnecock Hills and whether he feels any pressure after missing the last 2 cuts in… https://t.co/qjCrfjNdbj pic.twitter.com/mf8tCo6RZ4

— Flushing It (@flushingitgolf) June 8, 2026

If you’re the “I ain’t reading all that” type, here are the highlights.

+ DeChambeau doesn’t believe his missed cuts are systemic: “I might miss all four of them in majors this year. That’s just golf.”

+ Despite countless errant shots, especially off the tee, at Aronimink, DeChambeau likes where his swing is at. “I’m working on my golf swing really hard. I feel like it’s in a really solid place. It’s very close to some of my best golf ever.”

+ LIV Golf’s switch to 72 holes is paying dividends for him: “I feel like I’m actually playing the most consistent I’ve ever played on LIV, which is great. And I think it’s attributed to the switch to four rounds. No question.”

+ He’s not skimping on course reconnaissance. With no LIV event on the schedule until after the British Open, DeChambeau told Flushing It he’s headed to Shinnecock early to put in “extended work.” He also revealed that he hasn’t played the fabled Long Island links since the 2018 U.S. Open.

One thing we know for certain is when DeChambeau tees it up at Shinnecock next week, there will be fireworks. Whether they’re celebratory explosions or distress flares, we’ll just have to wait and see.

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Tyrrell Hatton celebrates with his Legion XIII teammates after taking down the team and individual title on Sunday at Real Club Valderrama. Octavio Passos

Only two weeks after withdrawing from LIV Golf Korea so that he and wife, Emily, could welcome their first child, a competitively rusty Hatton allowed two-time major winner Rahm back into the contest, as well as Garcia, whose long career includes four victories at Valderrama and 17 top-10 results in 18 starts there.

But Hatton held on with a scrappy, one-under-par 70 giving him a total of 11 under – two shots ahead of Rahm (67). Hatton bounced back from a bogey at the sixth with a birdie at nine, and from bogeys at 10 and 12 with another birdie at 13. The 34-year-old put the tournament to bed with clutch birdies at 16 and 17 and a tricky par save at the last.

“It feels amazing that I’ve done it in my first event as a dad,” Hatton said. “I said to Emily, like one of my motivations probably moving forward is when Althea grows up, she will know that I was pretty good at golf sometimes, and I would love to continue to be able to win tournaments when she’s old enough to remember that happening.

“Yeah, it’s definitely given me a different kind of motivation with practice and what I hope to achieve in golf before obviously I get older and my best years are behind me.”

A long time coming @TyrrellHatton claims his second individual LIV Golf League title #LIVGolfAndalucia | @LegionXIIIgc pic.twitter.com/YuZBZvHs5N

— LIV Golf (@livgolf_league) June 7, 2026

After Rahm, Abraham Ancer (68) was third at eight under, Garcia (70) was fourth at seven under, and Dustin Johnson, Thomas Detry, David Puig and Cam Smith shared fifth at five under.

The notoriously tricky Valderrama was always going to be tough for 54-hole leader Hatton to maintain his lead. Cork trees line Valderrama’s severely sloping fairways, while its small, tilted greens demand precise iron shots. Gusting winds from the nearby Sotogrande coastline add to the challenge.

“Yeah, I found today really stressful,” Hatton said of LIV Golf Andalucia, which for the first time in the event’s four-year history comes with Official World Golf Ranking points. “I feel like I hit a lot of good iron shots that didn’t end up on the green. Obviously you saw a lot of pretty angry reactions from myself, but I’m happy with how I just kept plugging away and in a sense kind of got my reward with how I finished.”

Hatton kept picturing his wife and baby girl, perhaps offering a dose of perspective as Rahm and Garcia came within one shot of his lead.

“To be honest, I thought no matter how today went, I’m still going to be home tonight, and I’ll walk in to a crying newborn, and I’ll be doing nappies tonight,” Hatton said. “That was going to happen regardless. I’m really excited to get home to Emily and our little girl.”

Valderrama, the Andalucia club famous for staging the 1997 Ryder Cup, has also hosted a multitude of DP World Tour tournaments and two World Golf Championships. “It feels surreal to win, let alone the kind of place as iconic as this,” Hatton said.

Tyrrell Hatton playing his approach en route to a gritty par to close out his first LIV victory since 2024. Octavio Passos

Rahm’s Legion XIII side secured a victory in the team element. Individually, the Spaniard had never looked happier finishing second.

“Obviously I had a fantastic week myself, and very happy for Tyrrell to have just become a father just over two weeks ago and having his little girl and being a proud girl dad,” Rahm said.

“As good as he is, if someone is going to beat me, there’s very few people I’ll be happy for, and he’s one of them. It was very well-earned and happy that he on and help the team as well. As far as I’m concerned, couldn’t ask for much more.”

Hatton now owns 14 professional wins, among them the PGA Tour’s Arnold Palmer Invitational in 2020, eight DP World Tour titles and two LIV victories. Among his victories are lifting trophies at St. Andrews (as a three-time Dunhill victor), Bay Hill, Wentworth and now Valderrama.

Next, he heads to Shinnecock for the U.S. Open, a major he co-led through 15 holes on the final round last year at Oakmont only to fade to a T-4 finish. Hatton will no doubt be buoyed by a T-3 at the Masters and his Valderrama victory.

LIV Golf Andalucia was also the cut-off for the league’s exemption into the 154th Open Championship, which was given to the top player not already exempt from its points standings. Chile’s Joaquin Niemann finished T-24 at Valderrama, enough to lock up third in points before the deadline and secure the start at Royal Birkdale next month.

Main Image: Octavio Passos / Getty Images

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LIV Golf’s future had been in question following last month’s news that Saudi Arabia’s Public Investment Fund would no longer fund the league after 2026. The circuit headed to Busan where its eighth event of the season began with LIV dropping one of its key live-streaming features.

By the end of the tournament, Chile’s Niemann defeated Talor Gooch in extra holes after a sublime gap wedge from 149 yards to close range allowed him to drain a birdie putt and claim the title. Two-time U.S. Open winner Bryson DeChambeau finished third after cooling off from an initially hot final-day charge.

“I mean, I would love to describe exactly how it feels to be in that situation,” Niemann said of the gap wedge shot in overtime. “But for me, it’s one of the best feelings ever. We practice every day. We wake up and try to get better, try to get the wedge game better, driving, putting. When we get to that moment on a playoff, we know we can deliver and trust what we practice, trust what we’re feeling and just commit to the shot. I love having that pressure, knowing that you’ve got to hit the shot and you win the tournament.”

WHAT A SHOT.@joaconiemann sticks it close to setup a birdie in the play-off #LIVGolfKorea | @TorqueGC_ pic.twitter.com/kMytHD25es

— LIV Golf (@livgolf_league) May 31, 2026

Niemann and Gooch had carded matching 67s in regulation at the par-70 Asiad Country Club, to finish at 12-under-par 268.

The victory was an anticipated first of the season for Niemann, 27, who recorded five LIV victories last year and two the year prior.

“I just look back to 2025, and it was so easy to win,” Niemann said as he extended his lead for the most wins any LIV player since its inception in 2022. “It just happened. I feel like that’s the way it should be, and I feel like I was forcing everything a little bit too much [in 2026].

“It was fun out there; I really enjoy the feeling of winning again. I love this game. Looking back at today’s round, especially the back nine, I have a big passion for this game. It teaches you every time, how you can improve.

“You’re always learning. You might be in trouble one hole, then the next hole you’re going to hit a heroic shot and make eagle or birdies, and then the next hole it could be something new or different.”

DeChambeau was one shot shy of the playoff following a five-under 65 that was ignited by five birdies in his first 11 holes, only to complete his final seven holes at even par.

“There were times where it felt amazing and times where it just leaked on me a little bit,” DeChambeau said. “I gave myself some chances, just wasn’t my day today.”

DeChambeau’s fellow two-time major winner, Dustin Johnson, (66) was fourth at 10 under.

“Yeah, it’s been a couple years,” Johnson said when asked the last time his game felt this good. “It’s felt close, but it’s like, finally I feel like it’s consistent, like I’m finally driving it like I normally do. So it obviously takes a lot of pressure off the rest of your game. Now I can focus more on my wedges and my irons and chipping and putting.”

Earlier in the week in Korea, DeChambeau was asked about the PIF’s withdrawal from LIV after the 2026 season, to which he answered, “We were surprised that they pulled out as quickly as they did. We didn’t really see that coming. But that’s OK. One door closes, another opens.”

LIV executives have been pitching a new business plan to attract investors and sponsors, reportedly seeking between $250 million and $350 million. A new-look version of LIV Golf would extend equity beyond just the team captains and will have an emphasis on team golf.

The league continues next week with LIV Golf Andalucia at the famed Valderrama course in Spain as the final tune-up for players competing in the U.S. Open.

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The latest headline in the LIV Golf financial saga came Thursday with news that the league has dropped one of its key live streaming features before this week’s event in Korea.

Sports Business Journal reported that LIV Golf cited a ‘strategic decision’ for the reason that it stopped “Any Shot, Any Time” as it continues to plan for a future without the help of Saudi Arabia’s Public Investment Fund.

The streaming feature allowed subscribers to pay $59.99 for the season—or $8.99 an event—to have access to what the title suggests, every shot from any player at any time. LIV Golf is working on refunding customers who purchased the platform.

A source told Sports Illustrated Thursday that Mobii, the company behind the streaming technology, has not been paid for months. It’s not clear if it was Mobii or LIV Golf who scrubbed the feature, but it will not be available for the remainder of the season.

RELATED: Here’s the prize money breakdown at LIV Golf Korea

LIV Golf is at Asaid Country Club in Korea this week—where Bryson DeChambeau, Scott Vincent and Charles Howell III lead after Round 1—its eighth tournament of the season. Jon Rahm, the season points leader, tied for second place two weeks ago at the PGA Championship. The league only has five regular season events remaining before the team championship in Michigan ends the tumultuous year in late August.

After news broke just after the Masters in April that LIV Golf would not have PIF funding beyond this year, the New Orleans event scheduled for late June at Bayou Oaks at City Park was postponed, saying that a new fall date would be targeted. However, there has been no movement on that and it is not mentioned on the LIV Golf website schedule.

CEO Scott O’Neil contends that the league will continue after this year in some form. In the past weeks headlines have ranged from LIV Golf potentially being reduced to a 10-event schedule, to it seeking $250 million from investors, to it potentially laying the groundwork for filing for bankruptcy.

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As uncertainty surrounds LIV Golf, Bryson DeChambeau is adamant he’ll use his star power to help the league raise investment after acknowledging that the decision from Saudi Arabia’s Public Investment Fund to withdraw funding after 2026 came as a “surprise.”

Last month, the PIF 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.

PIF governor Yasir Al-Rumayyan also stepped down as chairman of LIV’s board in the wake of the withdrawal. The league has since installed 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.”

LIV, which postponed an event in Louisiana, scheduled for June, to a slated Fall date, continues this week in South Korea at the Asiad Country Club in the coastal region of Busan. The eighth event of LIV’s 2026 season comes after reports that the league is laying the groundwork to file for bankruptcy.

The league is pressing on, pitching a 10-event schedule to potential investors having officially entered the marketplace this week via New York-based Ducera Partners.

It is believed the target for investment is between $250 million and $350 million, while a new-look version of the league would extend equity beyond just the team captains and will have an emphasis on team golf.

Sources said more than 12 players provided introductions to potential investors, for both the league and its teams.

With all this as context, DeChambeau was asked by reporters about the PIF’s withdrawal from LIV and his optimism for new investment when he spoke with media on Tuesday.

“We were surprised that they pulled out as quickly as they did,” DeChambeau said. “We didn’t really see that coming. But that’s OK. One door closes, another opens. 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.”

DeChambeau expanded on how team golf could be a point of differentiation and a catalyst for LIV to survive.

“Other models have worked, as well, so I’m not going to say that one is better than the other. But I do see value in what team golf can provide not only worldwide but also in grass rooting the game of golf. National support, team national support, city local support, we grass root ourselves there. There’s a couple ideas that we have … quite a few ideas that we have that could be interesting.

“We’ll see if investors like it or not. I’m giving all I can to make it happen, and if it doesn’t, it doesn’t happen.”

DeChambeau, who won last year’s LIV Golf Korea, was asked how he manages to focus while the league tries to secure its future.

“I go out there on the first tee on Thursday and hit a beautiful drive down the middle of the fairway, hopefully,” DeChambeau said in Korea. “That’s what we’re focused on. In the background, yeah, we’re trying to help where we can, but ultimately, it’s up to executives and everybody banding together. If we all band together, there’s an opportunity here. If not, it’s going to be a different day for all of us.”

If his performance on the course is a way to decipher whether the future of LIV has been a distraction for DeChambeau, the results have been mixed. He won consecutive LIV events in Singapore and South Africa leading into the Masters, only to miss the cut at Augusta National. He finished third at LIV Golf Virginia then missed the weekend rounds at the PGA Championship at Aronimink.

Chasing a third major after U.S. Open victories in 2020 and 2024, DeChambeau is hopeful of turning his form around in time to challenge for another title at Shinnecock before wrapping up major season at the Open Championship in July at Royal Birkdale.

“I’m playing some solid golf; I’m working on my golf swing quite hard, trying to get back to that 58 level at Greenbrier [he shot 58 during his LIV Golf Greenbrier win in 2023] when I just had this golf swing that was so easy,” DeChambeau said.

“The weeks that I’ve been playing in major championships, I’ve been playing OK, just having nothing happen for me, and that’s kind of the game of golf,” he continued. “The weeks before that I played really well going into them. I won two events going into the Masters and then finished third in Virginia. So it’s not like I’m playing bad golf. I think I’m putting some pressure on myself to play well in those tournaments, and that’s the reality. Nobody is perfect, and I’m still working hard to play as good as I possibly can, and the year before I played really well in the majors, missed one cut there, and it just happens.

“That’s golf, and ultimately excited for the opportunities I have moving forward. There isn’t any quit in me, as you can see. Even at Aronimink, I birdied my first last three holes trying to make the cut there, and it is what it is.

“I’ll tell you this: I played worse golf and shot better scores at majors. It’s one of those scenarios of ebbs and flows in golf. I’m really excited for the future over at Shinnecock and overseas, as well, for the Open Championship. Head down, keep moving forward.”

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Dustin Johnson was asked his opinion on the PIF pulling funding of the league ahead of LIV Golf Korea, and in classic DJ fashion, he offered a lengthy answer:

“Long LIV Golf.”

He’s a man of many words! @DJohnsonPGA @4AcesGC_ @livgolf_league https://t.co/Ya4DRFzpVa pic.twitter.com/yxN2DOnLva

— Flushing It (@flushingitgolf) May 26, 2026

Ahead of this week’s LIV Golf Korea event, Dustin Johnson was asked about the future of LIV Golf following the Saudi Public Investment Fund sudden exit from pro golf. As one of the very first adopters of the league in 2022, Johnson was asked how he personally felt about the uncertain status of LIV’s future and he replied with one of the cringiest golf media moments we’ve seen in a long, long time. Get ready to squirm, folks.

After listening to the question, clearly meant to elicit a thoughtful, considered response from Johnson, the 2020 Masters champion raised the mic to his lips and dropped this nugget:

“Long LIV Golf.”

He paused for a moment for reaction—perhaps he thought he cooked, perhaps he thought that one man in the back would rise and slowly begin to clap, and that others would steadily follow until the room was roaring with hope and defiance. Instead his quip, more fitting for some unfortunate macrame on your aunt’s fridge, was greeted with deafening silence as the former World No. 1 looked to his teammates for help, finding them with their heads down praying to be anywhere else.

This has all the hallmarks of a classic DJ quote, but perhaps the golf world has simply moved on. Perhaps in a world of Rory McIlroys and Scottie Schefflers, we demand pop philosophy from our pros now. Perhaps Cam Young has replaced him as golf’s soft-spoken bomber. Or maybe it’s not golf that’s moved on. Maybe DJ, now 41 and without a clear future in golf should LIV disintegrate, has simply lost a step. That would be sad news indeed, to which we only have one thing to say:

Long live DJ.

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LIV Golf is pitching a reduced 10-event schedule to potential investors as it seeks new financial backing following Saudi Arabia’s withdrawal of support, according to multiple reports.

Sportico and CNBC report that a pitch deck outlines a plan built around international events, with attendance figures from Australia and South Africa used as benchmarks. The league is seeking $250 to $350 million to continue operations and is projecting profitability within three years. Axios reported earlier this week that LIV was targeting profitability in 20 months. In a February interview with the Financial Times, CEO Scott O’Neil said profitability could be five to 10 years away, and in a since-deleted on-air comment, O’Neil said the league had funding only through the end of 2026.

Bloomberg reported this week that LIV is also laying groundwork for a potential bankruptcy filing. In response, a LIV spokesperson told Golf Digest: “LIV Golf is firmly focused on securing a transaction that positions the organization for the long-term. As we begin presenting our go-forward business plan to prospective capital partners, we are focused on achieving a sustainable future and there are multiple pathways under active exploration. We continue to see great momentum on the course and with support through the 2026 season and a clear plan to raise capital, leadership is focused on identifying the right long-term strategic partners who believe in our mission to grow the game of golf worldwide. These conversations are just getting underway, and as they progress, the company expects to gain further clarity around the structure and timing of a potential transaction.”

Golf Digest has reported that agents for several LIV players have begun contacting the PGA Tour about paths back. Few are expected to receive exemptions comparable to the one extended to Brooks Koepka. Players who joined LIV’s antitrust lawsuit against the tour face additional hurdles, with further discipline a possibility. Bryson DeChambeau, the league’s highest-profile player, becomes a free agent after August and has said publicly he is open to pursuing a career as a full-time content creator.

Last month, Saudi Arabia’s Public Investment Fund announced a strategic pivot toward domestic programs, ending its financial commitment to LIV. The fund had invested an estimated $5 to $8 billion in the league since its 2021 launch. Yasir Al-Rumayyan, the PIF governor who served as LIV’s chairman, resigned following the withdrawal. The league has since installed Gene Davis and Jon Zinman to lead a restructured board.

LIV has already postponed one event this season, citing summer heat and the World Cup. Its next event is scheduled for South Korea beginning May 28.

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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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