LIV Golf CEO won't guarantee final 4 events of '26 to be played

No ***** They are one call away from having to cancel.

The whole thing is a sham. Once the organization that blew 5 to 7 billion pulled the plug it was OVER. You dont have a business model. Team golf was never a thing that moved the needle. Go away.

Didn't he also say the Saudis weren't pulling funding just a couple of weeks ago??

cb1919 said:

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Didn't he also say the Saudis weren't pulling funding just a couple of weeks ago??

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Seriously. He's gone back and forth several times. Who wouldn't feel good about investing millions with this guy lol

Sounds like the Saudis agreed to fund the purses for the remaining events but just the purses, not the operating expenses necessary to put them on.

Bring the LIV golfers back to the states/PGA. I barely recognized any of the names on the leaderboard of the colonial this year. And I used to go to that tournament back in the early 2000's. Got to see Stewart, Tiger, Sorenstam, Crenshaw, Kite, Mickelson, and a host of other top golfers of that era. Now it seems like a shadow of its former self. And that's a shame.

Artimus Gordon said:

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Bring the LIV golfers back to the states/PGA. I barely recognized any of the names on the leaderboard of the colonial this year. And I used to go to that tournament back in the early 2000's. Got to see Stewart, Tiger, Sorenstam, Crenshaw, Kite, Mickelson, and a host of other top golfers of that era. Now it seems like a shadow of its former self. And that's a shame.

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A lot of that has to do with the elevated event schedule in place now that the PGA Tour put into place, not necessarily with the golfers that left. Now, you could say the whole reason that the elevated thing even happened was as a reaction to LIV, so at the end of the day it's still somewhat those golfers' fault.

Golf changed since 2000 also. More talent than ever so the shelf life of the average golfer has shorted significantly. The Kenny Perrys of the 2000 tour aren't making the same impact today. Next man up.

Report today that Rahm is hoping LIV misses a payment (as is rumored they might) so he can exit his contract immediately.

Exclusive: Phil Mickelson accused of nonconsensual, inappropriate contact with a female employee at his home course. Following the allegation, he is no longer a member of the club. Our Golf Digest investigation: https://t.co/9oUaElyErq

— Joel Beall (@JoelMBeall) June 11, 2026

Non-paywall article about it.

https://www.usatoday.com/story/sports/golf/2026/06/11/phil-mickelson-accused-inappropriate-physical-contact/90509461007/

Thankfully, the HyFlyers have depth.

Is this confirmed as the reason why he hasn't been playing or different?

No. The health issue is still out there, likely his wife. He's not skipping 2 majors because he copped a feel, but he is a complete assbag thru and thru.

Financial Times

LIV Golf cannot stay out of the headlines and the latest came Thursday when the Financial Times reported that Saudi Arabia's Public Investment Fund (PIF) has only funded a third of what the league needs to cover for the rest of this season.

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 Junesince 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.

Martin Kaymer, who leads the Cleeks GC team on the breakaway league, has told TG that it is now "highly unlikely" the Team Championships at The Cardinal course in Michigan will go ahead.

Kaymer was present at a captain's meeting at LIV Golf UK on Tuesday afternoon ahead of the league's return after a seven-week hiatus. That lengthy break was enforced after LIV postponed a regular season event in New Orleans in late June amid reported concerns about soaring temperatures and course conditions, and now the league could be plunged into further chaos.

PJYoung said:

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Martin Kaymer, who leads the Cleeks GC team on the breakaway league, has told TG that it is now "highly unlikely" the Team Championships at The Cardinal course in Michigan will go ahead.

Kaymer was present at a captain's meeting at LIV Golf UK on Tuesday afternoon ahead of the league's return after a seven-week hiatus. That lengthy break was enforced after LIV postponed a regular season event in New Orleans in late June amid reported concerns about soaring temperatures and course conditions, and now the league could be plunged into further chaos.

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dang, was getting my 4 aces gear ready for that. Phil sure was a blowhard on the front end of this thing several years back. Now that they need investors nothing but crickets

I saw an article yesterday stating that the lucrative Team Championships at The Cardinal course in Michigan might be canceled. My thought is that if it was lucrative, it wouldn't be canceled, reality is that the tourney will cost more money than it will generate. Organizations desperate for cash don't cancel lucrative events.

2wealfth Man said:

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PJYoung said:

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Martin Kaymer, who leads the Cleeks GC team on the breakaway league, has told TG that it is now "highly unlikely" the Team Championships at The Cardinal course in Michigan will go ahead.

Kaymer was present at a captain's meeting at LIV Golf UK on Tuesday afternoon ahead of the league's return after a seven-week hiatus. That lengthy break was enforced after LIV postponed a regular season event in New Orleans in late June amid reported concerns about soaring temperatures and course conditions, and now the league could be plunged into further chaos.

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dang, was getting my 4 aces gear ready for that. Phil sure was a blowhard on the front end of this thing several years back. Now that they need investors nothing but crickets

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The cancellation of the tourney at PGA Avondale is going to leave a mark. Coupled with the 2-tier PGA format, it is likely that course sees no premium golf in the future.

Multiple LIV Golf insiders are expecting the company to file for bankruptcy in the coming weeks to restructure contracts and the extensive debt burden.

Players with outstanding contract payments, whether multi year or rolling, have already been approached with equity offers for… pic.twitter.com/pCP3pGPxFk

— Flushing It (@flushingitgolf) July 30, 2026

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for LIV Golf 2.0. These offers vary significantly depending on their stature and the value of their existing contract. Sources indicate the total value of equity offered would potentially make the players the majority owners of LIV Golf 2.0 if funding is secured.

Jon Rahm is the biggest factor in this. It is estimated he is still owed 9 figures for his deal signed ahead of the 2024 season that still has multiple years left. This would likely make Jon the biggest creditor should LIV Golf file for bankruptcy. Jon refused to guarantee he will play on LIV Golf in 2027 when asked directly in a press conference at LIV Golf UK and he has an enormous role in deciding the future of the league both on and off the course.

Players have also been given Indication of Interest documents to sign. Sources with knowledge of the situation indicate reaction has been mixed. Some players are committed to whatever the future holds, but others have not signed or even returned the documents despite them being non binding.

Multiple vendors and contractors are owed money and were told earlier this week that the Team Championship in Michigan has been cancelled. Travel and accommodation for contractors and vendors has also been cancelled and the build out at the venue is yet to begin. However, in an email sent to LIV Golf players and staff yesterday, CEO Scott O'Neil referenced "planning for the Team Championship". It's unclear what the intentions are and if and where it will be played, but players currently have no clarity from the leadership despite the event being scheduled in just 4 weeks.

LIV Golf officials are still talking positively, as they always do, and a report yesterday from Mark Cannizzaro of the New York Post says LIV Golf are close to a deal to secure funding. However, any deal would need to be agreed by the Saudi Arabian PIF who still own the company and then the real challenge begins, keeping hold of the players.

After leaving Valderrama, LIV Golf players and staff suggested to me that the following break in the schedule was imperative for the future of the league. 8 weeks later and there is still no clarity or substantial information and time is running out fast.

LIV Golf would not offer an official comment for this post and all sourcing has to remain anonymous due to the nature of the situation.

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The fat checks from the Saudis was literally the only reason to go to LIV. If they file for bankruptcy and that goes away, these guys really are next level stupid to stay around for "equity".

Report they have investors lined up to invest 250 mill. Only problem is it takes about a billion a year as currently constructed. At a quarter of the current purses, I have a hard time seeing anyone stick around (and that's probably optimistic in light of their fixed costs).

with no salaries and no purses (i.e. only equity) and no pathways for advancement to other tours I just don't see players who have other options wanting to stick around ex- Bryson

An equity share in a dog turd is still a dog turd. It is supposedly generating around $80MM per year in revenue but their opex is about $1B, with some reports that it is $1.2B. The purses make up $420MM of that. Not sure how much is sign-on bonus payouts.

But let's say they cut the purses by 80%, that's still a $90MM annual outlay which would put them in the hole before covering a single dime of operating expenses. And good luck with having a marketable player field and improving revenue after you stiff them on bonuses and the payouts drop to a small fraction. Not viable. Anyone interested in giving them $250MM may as well just have a bonfire with it. That's what I don't buy the rumors. At best you just become some rinky-dink developmental tour that is LIV in name only.

Enrico Pallazzo said:

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I don't buy that they have anything lined up. My guess there is some tentative negotiations that are far from being any kind of actual commitment, and rumors of more than that are bullsh coordinated by the LIV CEO. He has been caught bull****ting everyone all along the way, and is still bull****ting about the team event. It's canceled but he still says they are doing "planning" for it.

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Just for the sake of argument I was giving them the benefit of the doubt, but you're right they don't deserve it. O'Neill is a snake oil salesman and will say whatever he thinks is necessary in the moment.

But regardless of the truth, 250 million does nothing to keep this going in its current iteration. Quite frankly, I don't see any way to keep it going without keeping Rahm and Bryson. Bryson is a free agent and Rahm's contract is rumored to be backloaded so they're probably looking at close to 3/4 billion just to keep them. The math just doesn't math.

I get it. They definitely put out some crap with a lot of confidence. But to your point, the math doesn't math.

And Rahm got some pretty terrible advice to not get more of that payola upfront.

Arlo White still out on those Twitter streets fighting for LIV. Ironically accusing NLU of being paid-for shills of the PGAT and claiming LIV's long term model was working.

Gotta give him credit. When he's bought, he stays bought.

Bryson isn't going back to the PGA. He will attempt web/IG work.

Bryson is his own worst enemy.

His YouTube personality is a different person.

Yeah, the youtube stuff is very coached and curated.

It's an interesting balance with him. To some degree, getting far less "real Bryson" exposure by being on LIV helped him a lot, because he's a weird spectrum dude who is going to step in it every now and then. So most of the public seeing coached/edited Bryson vs real Bryson helped, and I know LIV was also motivated not to expose the unlikable side. But at the same time, I think it will hurt a lot to disappear almost entirely if that's how it plays out

According to multiple people I spoke with, including players, LIV golfers could still be owed in excess of $250 Million combined from contracts they signed.

The biggest portion of the lump sum is Jon Rahm who allegedly is still owed as much as….$150 million.

It seems like a…

— Monday Q Info (@acaseofthegolf1) August 4, 2026

It seems like a foregone conclusion that LIV will file for bankruptcy, so almost no chance Rahm and the others owed will get all of the money owed.

Also could be converted into equity if they find investors for LIV 2.0 and the players decide to stay.