# LIV Golf secures lead investor as Saudi backing fades 2026-08-07T05:40:55+00:00 | Sports | Indian Opinion Desk Corroboration: 1 independent outlet LIV Golf CEO Scott O’Neil says a lead investor has signed a board-approved term sheet to fund the league’s next phase, though he has not disclosed the investor’s identity or the sum involved. Players are expected to receive equity instead of some cash payments. O’Neil also said more than a dozen parties have shown interest in minority stakes. The Saudi Public Investment Fund, LIV’s financial backer since its 2022 launch, is withdrawing funding after 2026. LIV has spent more than $5 billion, but its future is uncertain after Brooks Koepka left, Patrick Reed declined to renew his deal and one tournament was cancelled. The league hopes to finalise funding in September and plans 10 team events annually, with lower prize money. ## Coverage - hindustantimes.com Tags: golf, LIV Golf, PGA Tour, Saudi Arabia, sports business Canonical: https://indianopinion.org/liv-golf-secures-lead-investor-as-saudi-backing-fades/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/liv-golf-secures-lead-investor-as-saudi-backing-fades/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.