Dialogue about LIV’s future went into overdrive earlier this month because the tour ready for its newest occasion in Mexico.
A number of media retailers – throughout golf, sports activities information and finance – reported its imminent closure, earlier than chief government O’Neil insisted it was enterprise as traditional in a tubthumping e-mail to workers.
It was putting O’Neil solely spoke about 2026 and didn’t tackle what may lie forward.
Gamers have been instructed final month that funding was in place till 2032 however well-placed figures in European golf instructed BBC Sport they consider PIF is withdrawing its monetary assist.
One supply stated he absolutely anticipated 2026 to be LIV’s final season and one other felt its management was attempting to persuade itself different income might be discovered.
However many – as one summarised – assume it could disintegrate shortly.
The LIV undertaking, which pivoted to a extra conventional 72-hole format this yr, has been bankrolled by an eye-watering sum of money from PIF.
The general funding surpassed $5bn (£3.8bn) when recent capital of $266.7m was injected earlier this yr, exterior.
The tour’s internet losses in markets exterior the US elevated to $462m (£340m) in 2024, which means it had misplaced greater than $1.1bn (£810m) because it was established in 2021.
With huge quantities of cash pumped into the US arm of the operation, losses look prone to run to a number of billion {dollars}.
