LIV Golf thrown into further turmoil as contracts terminated

LIV Golf is facing a significant organizational crisis as the league has issued termination notices to staff members and contractors, with job losses expected in early September. The Saudi Public Investment Fund announced in April it would withdraw financial backing at the end of the season, leaving LIV Golf scrambling to secure alternative funding. CEO Scott O'Neil has been pitching a 'LIV 2.0' concept to investors, featuring fewer events and reduced prize purses in 2027, though no confirmed deal had been announced to players ahead of a meeting at Trump Bedminster this week.