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The future of LIV Golf stands on uncertain ground as the league anticipates a pivotal announcement, potentially reshaping its trajectory. This comes as a striking revelation, creating waves in the golfing world.
Since its inception in 2022, LIV Golf, backed by Saudi Arabia’s Public Investment Fund (PIF), has been a game-changer, luring top talent away from the PGA Tour. Major champions like Bryson DeChambeau and Jon Rahm were enticed with substantial multi-million-dollar deals, which shook the foundations of traditional golf circuits.
Yet, the league has faced significant shifts this year. Notably, it saw the departure of prominent figures Patrick Reed and Brooks Koepka, adding to its challenges as a breakaway entity.
Amidst these developments, the timing of the upcoming LIV Golf Mexico City tournament at Club de Golf Chapultepec in Mexico has added further intrigue. Just as excitement builds for the event, a report has surfaced, leaving the league’s future veiled in uncertainty.
According to Monday Q Info, managed by golf analyst Ryan French, insiders have indicated that a “bombshell announcement” regarding LIV’s path forward is on the horizon. French’s social media commentary hinted at betting opportunities, suggesting that a swift resolution might be in the offing for those engaged in prediction markets.
LIV Golf is reportedly shutting down with an announcement on its future expected imminently
The circuit is funded by Saudi Arabia’s Public Investment Fund. PIF governor Yasir al-Rumayyan is pictured with president Donald Trump during a 2022 LIV Golf tournament
The social media post added: ‘We don’t give out gambling advice but if you’re a prediction market type person I would bet the under of whatever they have posted.’
Later on Tuesday night, French spoke on X Spaces and revealed he had heard from other people he trusts that LIV Golf is ‘shutting down.’
The Daily Mail reached out to LIV Golf for comment but did not immediately hear back.
The news came as LIV prepares to tee off in Mexico on Thursday for its sixth event of its fifth season, and the first since the Masters last week.
However, no pre-tournament press conferences took place on Tuesday with LIV Golf reportedly suffering ‘technical difficulties.’
Rahm, who won the individual championship last year, was scheduled to speak to the media on Tuesday morning but never materialized, according to reporter Chris McKee. All press conferences have reportedly been rescheduled for Wednesday.
The Masters proved to be a disaster for all but one of LIV’s stars competing at last week’s major championship as Augusta National laid bare the fall from grace of the former golfing titans.
While Tyrrell Hatton clinched his place in next year’s Masters field with a tied-third finish two shots behind Rory McIlroy, many of LIV’s stars suffered lackluster and, frankly, humiliating runouts at Augusta.
LIV’s rebels endured a disappointing and humiliating showing at the Masters last week
DeChambeau, billed one of the favorites heading into the Masters, failed to make the cut. Rahm, despite a final-day rally, was a pale impression of the champion who won three years ago finishing T-38. And Sergio Garcia was issued a code of conduct warning after a spectacular meltdown.
Following the disappointing Masters displays for the league and the subsequent claims about its future, renowned golf analyst Brandel Chamblee believes it was the final nail in the coffin.
‘Given that the product was so ill-conceived and ended up being worse than anyone could have imagined,’ Chamblee posted on X.
‘With shotgun starts, initially 54 holes, a team concept that was nothing but laughable and tournaments that meant and continue to mean nothing, and such a paltry number of viewers, losing billions along the way – would it surprise anyone if the Saudis came to their senses and finally euthanized the whole lame-brained tour.’
Suggestion that the tour could disband comes at a surprising time after it underwent a major revamp ahead of the new season and even recently secured a considerable victory in its battle with the orthodox golfing establishment.
In November, it was confirmed that this season LIV would be ditching the 54-hole format that has been a staple selling point of the breakaway circuit since its inception.
The circuit pivoted to 72 holes in line with the traditional approach, which was believed to be geared towards aiding LIV’s plight to finally be recognized by the Official World Golf Ranking body.
It was a significant step, not least because the circuit’s very name is the Roman numeral of 54, and one that did not entirely pay off.
While LIV finally gained OWGR recognition in February following four long years of campaigning, the ruling deemed that only players finishing inside the top-10 at LIV-sanctioned events would be awarded ranking points.
In making their determinations, OWGR chiefs reasoned that LIV Golf had still not met its eligibility criteria, even after the tour had announced that it would be moving to a 72-hole format.
The league issued a scathing statement, claiming that ‘no other tour in OWGR history had been subjected to such a restriction’.
More to follow.