LIV Golf reportedly laying groundwork for US bankruptcy if new investors aren't secured

LIV Golf is advancing contingency plans for a U.S. bankruptcy filing by the end of the 2026 season if it cannot secure new investors, according to Bloomberg News. The league is actively seeking up to $250 million in funding to achieve profitability within two years, as Saudi Arabia’s Public Investment Fund (PIF) plans to withdraw its support after this season. The PIF has invested billions since LIV Golf’s 2022 launch, but the league has struggled to gain traction, and a proposed merger with the PGA Tour never materialized. The league’s spokesperson emphasized its focus on securing long-term financial partners to ensure sustainability, stating that multiple pathways are under discussion. Conversations with potential investors are ongoing, though no formal agreements have been reached. If LIV Golf fails to raise capital, its future remains uncertain, including the fate of its biggest stars. Bryson DeChambeau, one of 11 players who sued the PGA Tour in 2022, has hinted he could prioritize his YouTube channel and the majors if LIV Golf collapses. Brooks Koepka and Patrick Reed have already rejoined the PGA Tour, while Jon Rahm, who earned a $300 million deal, has expressed difficulty finding an exit from his contract. The PGA Tour has not clarified how it would reintegrate former LIV players. LIV Golf’s international operations are primarily based in the UK, and only four of its 13 tournaments are held in the U.S. The league’s potential bankruptcy could reshape professional golf, leaving top players and fans uncertain about their next steps. Without new funding, LIV Golf’s collapse by the end of 2026 appears increasingly likely.