Sport · Singapore Bureau
LIV Golf CEO warns of funding deadline, seeks player commitment
The Saudi-backed golf league faces a critical juncture as executives push for a merger deal, with top players expected to commit to remaining through 2027 and beyond to secure the agreement.
LSN Singapore ·
LIV Golf's chief executive has flagged an approaching deadline for finalizing a funding arrangement, signalling that the league's financial stability hinges on securing binding commitments from its roster of elite players. The executive indicated that top competitors must pledge their continued participation beyond 2027 for negotiations to advance, creating a significant hurdle in ongoing discussions about the circuit's future structure. The requirement for long-term player buy-in reflects broader concerns about investor confidence and the league's viability as a standalone entity. Without such assurances, potential funding partners have indicated reluctance to proceed with proposed deals, sources familiar with the negotiations have suggested. The timeline pressure underscores mounting stakes for the Saudi-backed venture, which has invested substantially to attract marquee talent since its launch in 2022. LIV Golf has faced persistent questions about its business model and sustainability, particularly following failed merger talks with the PGA Tour. The league's leadership is now banking on demonstrated player loyalty as a key metric to demonstrate institutional stability to prospective investors.