Asia's principal men's golf circuit outside Japan
LIV Golf has signed an agreement with a lead investor approved by its board to fund the league beyond 2026, pledging to make players majority equity holders and to reduce to a 10-event calendar from 2027. CEO Scott O’Neil has said the transaction aims to close in September and that multiple parties have shown interest as minority investors.
The PGA Tour, DP World Tour and Asian Tour have formalised a multi-year alliance through 2029, with some events co-sanctioned again and pathways for Asian players to reach European and Challenge Tour events. The move follows LIV’s weakened position after Saudi funding shifts, and prompts reactions from players such as Rory McIlroy.
LIV Golf is confronting a funding shortfall after the Saudi Public Investment Fund withdraws backing at year-end. The league is seeking about $260 million, with Indianapolis likely to host upcoming events and Michigan deemed unlikely. Investors’ decisions will shape LIV’s 2027 viability.