Business · Singapore Bureau
McIlroy warns LIV Golf faces 'very difficult' path to survival
World No. 2 golfer Rory McIlroy has suggested that LIV Golf, the Saudi-backed breakaway tour, would struggle to avoid bankruptcy. The Northern Irishman also highlighted India as an emerging growth market for professional golf.
LSN Singapore ·
Rory McIlroy cast doubt on the long-term viability of LIV Golf, characterizing the financial challenges facing the Saudi Public Investment Fund-backed tour as formidable.
The world's second-ranked golfer suggested it would be "very difficult" for LIV Golf to survive potential bankruptcy, comments that underscore the precarious position of the breakaway circuit since its launch in 2022.
Beyond his assessment of LIV Golf's future, McIlroy identified India as a significant opportunity for golf's expansion in Asia. The region's growing middle class and increasing interest in the sport position it as a potential major market for professional golf development in the coming years.
McIlroy's remarks reflect ongoing uncertainty surrounding LIV Golf's financial sustainability as the tour continues to navigate substantial losses and mounting pressure to demonstrate commercial viability amid talks of potential merger with the PGA Tour.