Exclusive | LIV Golf not dead yet with rebel league on brink of landing $250 million-plus in investments

LIV Golf is not dead yet.With reports of LIV Golf on life support and seemingly taking its final few breaths, The Post has learned that its demise is not as imminent as it was believed to be.Sources have told The Post that LIV, which had its Saudi Arabia Public Investment Fund (PIF) money pulled this year, is on the cusp of landing new investors to keep the tour alive into 2027 and beyond.Since the PIF announced in April that it would no longer fund LIV beyond the 2026 season, the tour’s CEO Scott O’Neil has feverishly been seeking outside financial backing to keep it in existence.O’Neil is believed to have been seeking between $250 million to $300 million to stay afloat.And, according to sources who spoke on the condition of anonymity, he’s found it.According to sources, LIV Golf has received “multiple written commitments from blue-chip investment firms that would serve as anchor investors to support the league’’ going forward.The prospective “anchor’’ investors “have submitted qualified term sheets’’ that would “support the formation of a financing syndicate with sufficient backing to capitalize’’ what LIV Golf is calling “LIV 2.0.’’LIV has also attracted interest from additional investors looking to participate alongside those anchor investors, according to the sources.When reached on Wednesday, neither O’Neil nor any representatives from LIV would comment.But there are believed to be some high-level meetings scheduled to take place next week at the LIV event at Trump Bedminster in New Jersey, meetings that will include O’Neil and LIV players.The sources said the expectation is that a deal will be finalized “sometime in September.’’While LIV has seemingly found its financial footing, it’s unclear how the tour will look in ‘27 as it moves forward.

There has been talk of a heavier emphasis on the team golf, but that remains to be seen.Under the proposed structure outlined in the term sheet, LIV players will own a...

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Publisher: New York Post

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