LIV Golf is reportedly winding down operations after investors pulled a $300 million financial lifeline, according to a report published Friday by Golfer Insight. The Saudi-backed league, which launched its inaugural event at Centurion Club in St Albans, Britain, on June 8, 2022, has faced ongoing financial scrutiny since its formation.
The report, authored by Dallin Ballard, did not provide further details on which investors withdrew support or the specific timeline for the league's closure. Phil Mickelson, a prominent early signee, appeared at a press conference during that first tournament in 2022.
LIV Golf has not issued an official statement confirming the report. The league's 2026 schedule and player contracts remain unclear amid the reported financial developments.
