Home / Sports / LIV Golf Facing Collapse Amidst Financial Woes
LIV Golf Facing Collapse Amidst Financial Woes
15 Apr
Summary
- Speculation surrounds LIV Golf's potential collapse due to financial issues.
- Reports suggest players and employees faced delayed payments.
- LIV Golf has reportedly incurred $1.4 billion in losses since 2022.
Speculation is intensifying around the future of the Saudi-backed LIV Golf circuit, with multiple reports suggesting a potential collapse. These rumors were amplified by a golf reporter who claimed LIV is shutting down and that some players and employees experienced delayed payments. Further fueling the speculation, LIV Golf executives were reportedly called to an emergency summit in Manhattan, with none present at the Mexico City event site.
Longtime critic Brandel Chamblee has been vocal about LIV's perceived failures, citing its format and viewership, and suggesting the Saudis might abandon the financially draining tour. However, players like Sergio Garcia have expressed optimism, stating they have received no official word of a shutdown and are supported by the league's leadership.
The league has continued to issue event details, including Thursday's tee times for the Mexico City event, and future venues have not been informed of any schedule changes for 2026. Social media personalities with direct contacts within LIV have also reported no payment issues or changes to venue plans.
The financial standing of LIV Golf has been a persistent concern, with reports indicating losses of $1.4 billion by 2025. The tour's viewership numbers have significantly lagged behind the PGA Tour. A potential motive for a Saudi withdrawal has been suggested, linking it to the ongoing war and a desire by Crown Prince Mohammed bin Salman to use it as a 'Force Majeure' to end the tour.
