Everything We Know About LIV Golf's Rumored Demise

On Tuesday night, Ryan French, Monday Q Info (@acaseofthegolf1) on Twitter, reported that he'd heard from multiple sources that an update regarding the future of LIV Golf would be coming soon. His exact words were “bombshell announcement”.

During “The Takesman,” a Twitter Space hosted by the very active Golf Twitter account, Tweeth Mitchell, French said the end of LIV is coming sooner rather than later.

“I have some very good sources, and I’ve heard that other people have sources, that LIV is shutting down…I’m not sure they’re going to tee it up this week,” he said. “Maybe this week and that’s it…I’m 99.99 percent confident. I know there was an email sent. I’ve talked to some agents, I’ve talked to a player.”

He also mentioned that we could see lengthy pieces from New York Times-type publications “pretty soon”.

Fast forward to Wednesday morning, and The Telegraph reported that an "emergency" meeting was held in New York with LIV Golf executives as speculation about the league's future continued to make waves.

Come the afternoon, and the Financial Times reported that Saudi Arabia's Public Investment Fund was on the verge of cutting its support for LIV Golf. According to FT, an announcement of that move could come as soon as Thursday, but a final decision on LIV Golf's future had not been made.

According to the Sports Business Journal, industry sources on Tuesday were unsure about LIV's future amid the war in the Middle East. SBJ also noted that The Wall Street Journal recently reported that the war had already cost Saudi Arabia more than $10 billion.

From the PGA TOUR's RBC Heritage, Golf Channel's Rex Hoggard reported that he had talked to a few players and vendors who haven't been paid by LIV Golf for the last few weeks.

Also on Wednesday, TOUR CEO Brian Rolapp sat for an interview with Trey Wingo and said he's like everyone else, reading things as they come in. “I'm interested in doing whatever makes the PGA Tour better... Once there's clarity, we'll cross that bridge," he said.

The Athletic added more background, citing "multiple golf industry sources" that were "not authorized to speak publicly" who told The Athletic that members of LIV's leadership team were told on Sunday at the Masters that they would soon "lose their positions." High level executives have already begun job searches, according to The Athletic's report.

Later Wednesday night, Evin Priest reported that LIV would remain funded through the end of 2026.

Then, on Thursday, LIV CEO Scott O'Neil joined the broadcast for the league's first round in Mexio and touched on a number of topics.

On April 29, the Wall Street Journal reported that Saudi Arabai’s Public Investment Fund would be pulling its backing of LIV Golf following its 2026 season, and that the league intends to alert its membership by Thursday. Hours later the Sports Business Journal reported that Yasir Al-Rumayyan, the man responsible for turning LIV into a reality alongside Greg Norman, would step down from his chairman position on the league’s board.

Back in February, Al-Rumayyan approved a $266.6 million infusion into LIV, bringing the PIF's total investment north of $5 billion.

Following the WSJ's report on Wednesday, the PIF officially announced its withdrawal from LIV at the end of its 2026 season on Thursday.

LIV released a statement, outling its new independent board, a few key members, and an "expanded strategy."