LIV Golf’s 2026 season will proceed as scheduled with the total backing of Saudi Arabia’s Public Funding Fund, sources near the matter informed Reuters on Wednesday, pushing again in opposition to studies that the insurgent circuit was on the snapping point.
The sources, who’ve data of the PIF’s funding and LIV operations, mentioned funding would proceed and the remaining 9 tournaments of the 14-event schedule would go forward as deliberate.
Earlier on Wednesday, The Day by day Telegraph reported that LIV Golf executives had been summoned to an “emergency assembly” in New York, earlier than the Monetary Instances reported that the PIF was on the verge of reducing its assist, although no closing choice had been made.
The information comes one week after LIV Golf CEO Scott O’Neil was in Augusta, Georgia, for the Masters together with a number of members of the circuit’s communications crew. There have been 10 LIV Golf gamers within the 91-player beginning subject on the Masters, together with Englishman Tyrrell Hatton, who completed two photographs behind winner Rory McIlroy in a share of third place.
The sixth LIV occasion of the season tees off on Thursday at Membership de Golf Chapultepec in Mexico. O’Neil was on web site on Wednesday because the pro-am was being performed.
Former Masters champion Sergio Garcia, who signed with LIV Golf in 2022, was among the many gamers who spoke to media in Mexico and was requested to touch upon the studies that monetary assist to the circuit was on the verge of being lower.
“No, truthfully, we haven’t heard something aside from what Yasir (Al-Rumayyan, LIV Golf Chairman) informed us at the start of the 12 months – that he’s behind us, that they’ve a long-term undertaking,” mentioned Garcia. “And properly, truthfully, you know the way these rumours are. There are all the time plenty of them. And I can’t inform you something greater than what we already know.”
LIV Golf, which launched in 2022, is bankrolled by the Saudi Arabia Public Funding Fund and critics have decried it as a automobile for the nation to try to enhance its popularity within the face of criticism of its human rights file.
Via big-money contracts and profitable purses, LIV managed to lure a quantity of golf’s greatest names, together with main champions Bryson DeChambeau and Jon Rahm.
After a 12 months of acrimony, the PGA Tour, PIF and Europe-based DP World Tour introduced a framework settlement in June 2023 to accommodate their industrial operations in a brand new entity and set December 31 of that 12 months as a deadline to succeed in a definitive settlement.
That announcement introduced an finish to authorized battles between the events however raised considerations in Washington from lawmakers who’re mistrustful of Saudi Arabia and demanding of the nation’s human rights file.
The sides prolonged the deadline and as talks with the PIF dragged on, outdoors investor curiosity within the PGA Tour heated up by the use of Strategic Sports activities Group, which invested an preliminary $1.5 billion into the for-profit entity PGA Tour Enterprises.
The divide has even captured the eye of U.S. President Donald Trump, an avid golfer who was a part of two conferences on the matter on the White Home in February 2025 when there was optimism that the schism between LIV Golf and the PGA Tour could be resolved.
In latest months, LIV has misplaced notable names together with five-time main winner Brooks Koepka and former Masters champion Patrick Reed.
Earlier this 12 months, LIV Golf Adelaide set a file because the highest-attended golf event in Australian historical past, with greater than 115,000 spectators and in March extra than 100,000 followers attended the circuit’s event in South Africa, making it the nation’s highest-ever attended golf occasion.
Revealed on Apr 16, 2026