sports
LIV Golf secures ‘lead investor’ until 2030 but future of star names still uncertain
LIV chief refuses to disclose new funders’ identities
TL;DR
- LIV Golf has a new lead investor to fund it until 2030.
- The identity of the new investor has not been disclosed.
- The deal is unlikely to prevent some high-profile players from leaving by the end of the year.
- From 2027, LIV plans to have 10 events per year with $10 million prize funds each.
- Players will be given the majority of equity in the business.
- The futures of star players like Bryson DeChambeau and Jon Rahm are uncertain, though LIV's CEO hopes they will stay.