LIV Golf’s scheduled June occasion in Louisiana has been postponed, in line with a number of experiences on Monday, because the Saudi-backed collection seeks new funding.
The Athletic and WDSU tv in New Orleans reported that the New Orleans event, a brand new occasion set for June 25-28 at Metropolis Park’s Bayou Oaks, is not going to be performed as deliberate.
LIV Golf chief government officer Scott O’Neil and Susan Bourgeois, secretary of Louisiana financial improvement, spoke days after Saudi Arabia’s Public Funding Fund (PIF) indicated it sought to drop financing for LIV, now in its fifth season, The Athletic reported.
Bourgeois and O’Neil spoke final Friday and agreed to postpone the event as a consequence of LIV’s enterprise mannequin modifications, with an official announcement anticipated on Tuesday.
The Louisiana event remained on LIV Golf’s web site schedule for June on Monday night.
The Athletic reported the edges hoped to speak a few re-envisioned occasion this fall, though LIV’s remaining occasion for the 2026 marketing campaign is ready for August.
WDSU reported the state of Louisiana would postpone the occasion till LIV may discover different funding sources and restructure.
Metropolis Park, owned by the state of Louisiana, acquired $2 million in state funding for upgrades to host the occasion and the state additionally put aside $3 million as a internet hosting price to lure the occasion with hopes for $70 million in financial affect for the realm, the tv station reported.
The state could be refunded $1 million already paid to LIV and supply no extra cash, WDSU reported.
The Athletic stated $1.2 million could be returned to the state with the renovation cash handled as a suitable enchancment to a state asset.
The transfer raises issues about what could possibly be the ultimate months for LIV as O’Neil seeks cash after this 12 months’s potential PIF funding stoppage.
LIV arrived in 2022 and lured high PGA Tour expertise with massive contracts, Spain’s Jon Rahm profitable the previous two season crowns.
However the collection has struggled for international consideration and a few gamers, equivalent to Brooks Koepka and Patrick Reed, have jumped again to the PGA Tour or are within the technique of doing so.
LIV Golf’s subsequent scheduled occasion is at Trump Nationwide Golf Membership in suburban Washington on Could 7-10.
Different LIV stops are set for Could in South Korea, June in Spain and July in England earlier than the season closes with US stops in August at Trump Nationwide Bedminster in New Jersey, Indianapolis and the group championship in Michigan on August 27-30.
Revealed on Apr 28, 2026