LIV Golf has officially ceased operations after a last-ditch funding deal collapsed, according to a report from The Independent. The Saudi-backed professional golf league will not be relaunching, bringing an end to the controversial tour that disrupted the sport's traditional structure.
The collapse of the funding agreement marks the definitive conclusion for LIV Golf, which had attracted top players with massive signing bonuses and guaranteed prize money since its launch. The tour's financial model relied heavily on backing from Saudi Arabia's Public Investment Fund.
LIV Golf's demise follows years of legal battles with the PGA Tour and DP World Tour, as well as ongoing scrutiny over its funding sources. The league had attempted to secure additional investment to sustain operations but was ultimately unable to finalize a deal.
