LIV Golf secures ‘lead’ investor for player-driven future after Saudi exit

What the report says

LIV Golf has secured a signed agreement with an unnamed “lead investor” as it moves to reshape its ownership structure, according to a Reuters report published by Al Jazeera on August 5, 2026. LIV Golf chief executive Scott O’Neil said the deal has been approved by the league’s board and is intended to support the circuit’s next phase. The transaction is expected to close in September, although no financial terms were disclosed.

O’Neil said the plan would also give players majority equity in the league, which he described as a player-driven model. He added that LIV Golf has drawn interest from more than a dozen other potential minority investors, pointing to a broader multiparty funding structure. The article did not identify the new investor or provide details on how the players’ stakes would be set.

The development comes after Saudi Arabia’s Public Investment Fund said in April that it would stop funding LIV Golf at the end of 2026. Reuters reported that the fund had already put about $5 billion into the startup since its launch in 2022. Since then, LIV Golf has faced signs of strain, including a canceled New Orleans event and reports that other planned tournaments or even bankruptcy protection had been considered.

Reuters said LIV Golf is expected to continue next season with a reduced schedule, and the league returns to competition this week at Trump National Golf Club in Bedminster, New Jersey.