Since its launch in 2022, LIV Golf has been powered by an estimated $5-8 billion in investment from Saudi Arabia’s Public Investment Fund. So, any means it didn’t look like a league thats under plenty of financial strain. But now, with that open-ended backing set to wind down beyond 2026, the league is no longer just building; it is recalibrating. And one question is coming upfront: what happens when the money stops being limitless?

Well, behind the scenes, the shift is already visible. The league is no longer operating like an expansion project. And is there any surprise? The architect of LIV Golf, Yasir Al-Rumayyan, has himself stepped back from his leadership role as the breakaway circuit enters a more uncertain phase. And the reality of how they can sustain themself without unrestricted financial backing. They do seem to push a much leaner version of it all.

Seeking a whopping $250 million to $350 million investment, the LIV executives will pitch a 10-event schedule to potential investors who have requested anonymity. It’s four fewer events than the current 14-tournament schedule. The entire proposal is being managed by LIV Golf’s financial advisors, boutique investment bank Ducera Partners, and the Saudi Public Investment Fund. Interestingly, it comes with a huge promise as well.

As reported by AAP, LIV Golf executives believe the ten-tournament schedule will help LIV offset some of the costs and become profitable in the next three years. The new calendar will include 10 high-value venues like South Africa and Australia. They have garnered the most viewership and ticket sales for LIV Golf in the past.

As per CNBC, “The pitch also notes year-over-year growth in sponsorships, partnerships, ticket sales, retail, and YouTube viewership.” But what led LIV Golf to consider such a drastic step?

The Saudi-backed league has been struggling since the time the Public Investment Fund pulled the plug on its funding. Although Scott O’Neil categorically denied any inkling of LIV’s demise, the league is considering bankruptcy according to a Bloomberg report. It will offer LIV leeway from contractual obligations amid reports of unpaid quarterly dues to its players and employees. The uncertainty has sent ripples across the league and beyond.

Multiple LIV Golf pros have contacted officials from other tours to explore potential options for a return. One golfer was ready to tee up in Q-School and earn his way back. Most notably, not knowing what’s next for him. However, a few golfers are still faithful toward the league.

According to AAP, the new 10-event schedule was run by Cam Smith, who was briefed on the new plan. Smith, the 2022 Open Champion, was one of the first few players to join the league and is the captain of All-Australian Ripper GC. LIV’s trip to Down Under is one of its most successful stories.

The Adelaide event has often garnered the most attention from the fans. In 2026, it drew nearly 100,000 spectators to the course and generated 81.1 million AUD (roughly $57.1 million USD). The Watering Hole, which is the 12th hole at The Grange Golf Club, is often . Surrounded by spectators with loud music buzzing all the time, it’s a party every golf fan wants to be a part of.

The atmosphere in South Africa, Mexico City, Andalusia, and South Korea is not much different. In fact, some of the venues have been so happy with hosting LIV Golf that they have also expressed their excitement for their return to their courses for 2027. Support from host cities will likely become a key selling point for Scott O’Neil’s leadership team. And perhaps that’s what makes the pros faithful in the league’s vision.

Jon Rahm & Co. believe in the future of LIV Golf

Scott O’Neil & Co. have the faith of the players on their side. In fact, two of the biggest players on LIV Golf are vouching for the future of the league. Jon Rahm trusted O’Neil to fix the financial issues of LIV Golf and get it back on track. He told the reporters, “My job is to play golf, luckily. I’m decent at it. And that’s what I can focus on, right? What I can focus on is the next shot. It’s the people in charge of LIV, whose job I do not envy for a second, not now, not when things are going well, because it’s not something I think I can do. It’s their job to fix it.”

In short, he will do his best to perform well on the golf course and promote the product. And he has been doing so, sitting at the top of the individual leaderboard. He also delivered a runner-up finish in the 2026 PGA Championship recently.

Bryson DeChambeau has also been trying his best to help rescue LIV Golf from the tough spot that it is in right now. Reportedly, he has been part of boardroom discussions and investor pitches. It remains unclear how much impact he can have. LIV has six events left in its calendar, with the next stop being South Korea. The league had to postpone the New Orleans event, and there is currently no timetable for its return.