A new investment agreement has been signed by LIV Golf, paving the way for the league's continued growth and stability. Following the Public Investment Fund's decision to end its funding in 2026, the breakaway league has secured a new lead investor to anchor its next phase of development. As part of the arrangement, players will hold a majority stake in the league, which is set to host around 10 team events annually, including five global 'Team Majors' across different continents. LIV Golf CEO Scott O'Neil expressed optimism about the league's future, stating that the new investor will play a key role in supporting the league's path forward.
The league is also exploring a 'multi-partner model' to secure long-term stability and growth, with over a dozen parties expressing interest in becoming minority investors. O'Neil announced that the league hopes to finalize the transaction with the new lead investor in September, describing the development as 'good news'. The players were informed of the new deal on Tuesday, and O'Neil reported 'good excitement' among them.
The CEO remains tight-lipped about the details of the new arrangement but expressed gratitude to the Public Investment Fund for allowing LIV Golf time to find new investors. With the new investment in place, O'Neil is optimistic about the league's chances of retaining its top stars, including Bryson DeChambeau and Jon Rahm, as it moves towards an 'era of free agency' and collaboration with other tours.