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Home » Major update on LIV Golf ‘shutdown’ emerges as rebel tour execs hold emergency New York summit amid fears of collapse
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Major update on LIV Golf ‘shutdown’ emerges as rebel tour execs hold emergency New York summit amid fears of collapse

By uk-times.com16 April 2026No Comments3 Mins Read
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Major update on LIV Golf ‘shutdown’ emerges as rebel tour execs hold emergency New York summit amid fears of collapse
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LIV Golf will continue as planned for the foreseeable future despite bombshell claims that it could be dissolved as early as this week, according to reports.

The Saudi-backed rebel tour was thrown into chaos on Wednesday amid speculation over a potential collapse, leaving terrified golfers and staff desperately scrambling for information.

Multiple agents told Daily Mail Sport that they were in the dark over whether the controversial four-year venture, which Saudi Arabia’s Public Investment Fund has pumped almost $6billion into since 2022, was on the brink of being abandoned.

Tour execs were summoned for an emergency meeting in New York on Wednesday as fears continued to grow, yet golf insider Michael McEwan is now reporting that talk of LIV’s demise looks to have been ‘greatly exaggerated’.

According to McEwan, a high-ranking LIV source has confirmed that funding and operations for the competition are ‘continuing as planned’ despite the rumors.

Documents also reportedly state that the tour is ‘tracking $100million ahead through the first five events of this season’. Sponsorship and partnerships are also up 40 percent year on year, ticket sales are up 129 percent, and retail and merchandising is up 26 percent. 

LIV Golf will continue as planned for the foreseeable future despite talk of a potential collapse

The Saudi-backed rebel tour was thrown into chaos by claims it was on the brink of shutting down (Pictured: Saudi PIF governor Yasir Al-Rumayyan with President Donald Trump, 2022)

The Saudi-backed rebel tour was thrown into chaos by claims it was on the brink of shutting down (Pictured: Saudi PIF governor Yasir Al-Rumayyan with President Donald Trump, 2022)

ESPN’s Jeff Darlington has also revealed that LIV CEO Scott O’Neil recently sent an email to employees reassuring them about the organization’s future.

‘I want to be crystal clear: Our season continues exactly as planned, uninterrupted and at full throttle,’ an excerpt from the email reads, via Darlington. ‘While the media landscape is often filled with speculation, our reality is defined by the work we do on the grass. We are heading into the heart of our 2026 schedule with the full energy of an organization that is bigger, louder, and more influential than ever before. 

‘The life of a startup movement is often defined by these moments of pressure. We signed up for this because we believe in disrupting the status quo. We have faced headwinds since the jump, and we’ve answered every time with resilience and grace. 

‘Now, we answer by doing what we do best: putting on the most compelling show in sports.’ 

While its long-term future remains in doubt, it appears to be business as usual for LIV as things stand.

Thursday’s event in Mexico City is therefore set to go ahead, with LIV Golf’s official X account sharing a preview graphic and writing in light of the speculation: ‘Slow news day? We are ON. #LongLIVGolf’.

The Mexico City showpiece is scheduled to begin at 1:15pm local time on Thursday.

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