LIV Golf is entering its most uncertain phase since launching in 2022, cutting most of its staff just as its Saudi-backed financing approaches its end. The tour is now trying to secure private investment and reshape itself before the 2027 season.
The layoffs, expected to take effect in the first week of September, follow the conclusion of LIV’s 2026 season and come after Saudi Arabia’s Public Investment Fund said it would stop funding the league beyond that year. The tour has already canceled its planned team championship in Michigan, shortened its season and reduced the purse for its Indianapolis event. Several vendors are also reportedly awaiting payment, adding to concerns about the organization’s financial stability. 1
LIV’s management presents the cuts as part of a planned transition from its original structure to “LIV 2.0,” rather than an outright retreat. Chief executive Scott O’Neil is seeking a lead investor and has outlined a smaller 10-event schedule for 2027, split between the United States and international markets. The proposed model would also give players majority ownership, with additional minority investors potentially joining the arrangement. 2
The two accounts agree that the league’s future depends on completing a financing deal quickly and retaining the support of its star players. They differ mainly in emphasis: one highlights the compressed timetable, unpaid obligations and possible bankruptcy, while the other stresses the prospect of a multi-partner investment model and continued global expansion.
BC Partners is reported to be the likely lead investor, though neither LIV nor the firm has officially confirmed its identity. The deal would reportedly require approval from most of the current roster, leaving the tour’s next chapter dependent on both outside capital and player commitment.