Players told LIV Golf to run 'for many years' amid collapse rumours

Spor dünyasında son dakika haberi: LIV Golf to run for 'many years' amid collapse rumours Image source, Getty Images Image caption, Spain's Sergio Garcia won the 2017 Masters - his only golf major Published 8 minutes ago By Timothy Abraham Sport journalist Sergio Garcia says LIV Golf's players were told earlier this year the event would run for "many years" as rumours swirl the Saudi-backed venture is on the verge of collapse. The Financial Times , external is among the publications to report that Saudi Arabia's Public Investment Fund (PIF) is on the verge of ending its support for LIV Golf, which would jeopardise its future. Garcia said on the eve of the LIV Mexico tournament that the players "have not heard anything" in relation to the rumours.

But the 46-year-old Spaniard, who is captain of the Fireballs team in LIV, told a news conference that speculation runs contrary to what PIF officials indicated at the start of 2026. "That is not what Yasir told us at the beginning of the year," Garcia said. " that he is behind us, that they have a project of many years.

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There are always rumours and I cannot comment anything more to you than what we know. " LIV players were told at their most recent event that funding is in place until at least 2032. Sport has approached LIV Golf for comment.

Last year it was revealed LIV's net losses in its international markets outside the US had spiralled to $461. 8m in 2024, meaning it had lost more than $1. 1bn since it was established in 2021.

PIF's overall investment in LIV was reportedly approaching $5bn, while broadcast rights were said to have raised just $2. LIV chief executive Scott O'Neil said in February that the tour would not be profitable for another five to 10 years. In January, a senior source in Saudi Arabia told Sport that towards the end of last year there was "a shift" in the kingdom's attitude towards some investments, with "everything in the PIF world under serious review".

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The source added: "More money has been put into AI and the tech sector. There is pressure in Saudi Arabia to make sure that we're inviting in the right things that are sustainable and bring a return, and I don't see how LIV Golf is going to do that. "It has had new sponsors such as Rolex and HSBC, but that's not enough to get anywhere close to what the players are being paid.

" LIV caused a 'civil war' in professional golf in 2022 when they started luring star names away from the PGA Tour with the offer of huge pay increases. The PGA Tour and DP World Tour announced in 2023 they had agreed to a merger with PIF, but there is still no sign of the union coming to fruition. However, in the meantime, a small number of LIV-affiliated players have been permitted to return to compete in select DP World Tour and PGA Tour events under certain circumstances.

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