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

An agreement with an unnamed investor is approved by the LIV Golf board to replace Saudi Arabia deal. LIV Golf has secured a “lead investor” to keep the lights on, and the league will move forward with ⁠players becoming majority ⁠equity holders, CEO Scott O’Neil has announced. A signed agreement is in place with the unnamed investor and has been approved by the LIV Golf board, ⁠O’Neil said on Wednesday. The transaction is expected to close in September. No details on the amount of the capital infusion were announced.

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Scoop News DeskSaudi · Published Wednesday, August 5, 2026 at 5:06 PM UTCUpdated Wednesday, August 5, 2026 at 5:33 PM UTC

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LIV Golf cancelled its New Orleans event in June and reportedly has nixed its season-ending team championship, scheduled to be held this month in Michigan.