Sergio García made it clear that he cannot provide any new information about LIV Golf beyond what the players have already been told, as speculation about the tour's continuity continues to swirl. The comments came ahead of the latest LIV Golf event scheduled for Mexico City, where uncertainty about the league's future has been a hot topic since Tuesday night. Initial rumors, which first appeared on social media, suggested that the venture might be in jeopardy, prompting a flurry of reports from major news outlets. On Wednesday, The Daily Telegraph claimed that senior executives of LIV Golf were summoned to an urgent meeting in New York.
Shortly thereafter, the Financial Times reported that Saudi Arabia's Public Investment Fund (PIF)—the sovereign wealth fund that bankrolls the league—was reportedly on the brink of pulling its financial support, although no definitive decision had been announced at that time. Sky Sports noted that many players are confused by the mixed messages and are seeking reassurance, but team captains, including García, have not received any concrete updates about an imminent announcement. Despite the chatter, the atmosphere at Club de Golf Chapultepec on Wednesday was business as usual.
Players were seen practicing on the course in preparation for Thursday's opening round, and rumors that they had been denied access to the venue or that the power had been cut were proven false. A pre‑event press conference that Jon Rahm was slated to attend on Tuesday was cancelled for what LIV Golf described as technical difficulties, yet García's interview proceeded without incident on Wednesday. When asked about the growing speculation, the former Masters champion responded in Spanish, emphasizing his reliance on the words of Yasir Al‑Rumayyan, the chairman of LIV Golf, who had reassured the players at the start of the year that the project had long‑term backing. "Honestly, we aren't going to listen to anything except for what Yasir told us at the beginning of the year," García said.
"He said he stands behind us and that this is a multi‑year project. I can't add anything beyond what we already know." The Golf Channel's Rich Lerner posted on X that pairings for the first round in Mexico had already been released, but added that players were still awaiting definitive news about their status and would likely learn more by mid‑afternoon on the day of the tournament.
Sky Sports News chief correspondent Kaveh Solhekol offered a broader perspective on the situation, suggesting that Saudi Arabia might be reevaluating the scale of its investment in sport. He explained that the PIF uses oil revenues to diversify the kingdom's economy, and its new five‑year investment strategy lists seven priority sectors, with sport now grouped under tourism and entertainment rather than being a standalone focus.
While this does not mean sport is being abandoned, Solhekol argued that the kingdom is adopting a more business‑oriented approach, seeking a clear return on its spending. "They have already invested roughly $5 billion in LIV Golf," Solhekol noted, "and the league is projected to operate at a loss for the next five to ten years if funding continues at current levels. Going forward, the PIF is likely to continue supporting football, Formula 1, boxing, tennis and golf, but each deal will need to make financial sense. They don't want to be perceived as simply throwing money at every sporting venture." He also highlighted the impact of the ongoing war in the Middle East and the resulting economic pressures on Gulf nations, suggesting that Saudi Arabia will remain a sports investor but will do so with heightened prudence and strategic focus.
LIV Golf, launched in 2021 with PIF backing, was created as a direct competitor to the PGA Tour and the DP World Tour. Its arrival caused a split in professional golf, attracting high‑profile players such as Phil Mickelson, Jon Rahm and Dustin Johnson. Originally featuring 54‑hole events, the format shifted to 74 holes for the 2026 season in an effort to secure Official World Golf Ranking points. The league also announced a substantial prize fund increase for 2026, raising the total to $30 million, with the team prize doubling to $10 million and the individual purse remaining at $20 million.
The tour started with 12 teams and 48 players, later expanding to 13 teams. However, it has recently lost some marquee names. Five‑time major champion Brooks Koepka returned to the PGA Tour, while former Masters winner Patrick Reed is seeking reinstatement for the 2027 season and currently competes on the DP World Tour.
Both players announced their decisions on X, with Koepka expressing excitement about returning to the PGA Tour and the opportunity to spend more time with his family, and Reed describing himself as a "traditionalist" who feels his career belongs on the PGA Tour. At the 2026 Masters, Koepka and Reed tied for 12th place, while other LIV alumni had mixed results.
Tyrell Hatton performed strongly, finishing tied for third at ten under par, just two strokes behind champion Rory McIlroy. Conversely, five of the ten LIV participants missed the cut at Augusta National, including two‑time major winner Bryson DeChambeau, who posted rounds of 76 and 74, the latter featuring a triple‑bogey on the 18th hole. García himself finished tied for 52nd, and Jon Rahm was tied for 38th. Dustin Johnson ended up tied for 33rd, and Charl Schwartzel finished 54th.
These outcomes illustrate the competitive challenges faced by LIV players when they compete in traditional majors, but they also underscore the league's ongoing influence on the sport's landscape. As the season progresses, observers will continue to watch how Saudi Arabia's strategic recalibration affects LIV Golf's operations, prize structures, and its ability to attract top talent. For fans eager to follow upcoming major championships, Sky Sports will broadcast the PGA Championship (May 14‑17), the U.S.
Open (June 18‑21) and The Open (July 16‑19) live. Meanwhile, golfers looking to book a round at one of the 1,700 courses across the UK and Ireland can use the provided search tools, though no results were returned for the current query.