LIV players told £30m team event has been cancelled

LIV Golf players have been informed that a team event worth £30 million has been cancelled, delivering a significant financial blow to the breakaway Saudi-backed league. The cancellation affects the team-based format that was a distinctive feature of the LIV Golf series, which had positioned itself as an alternative to the traditional PGA Tour. The decision raises further questions about the long-term stability and financial commitments of the LIV Golf organization.