sports

LIV Golf secures ‘lead investor’ until 2030 but future of star names still uncertain

LIV chief refuses to disclose new funders’ identities

LIV Golf secures ‘lead investor’ until 2030 but future of star names still uncertain

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.