That's likely the end of it: LIV Golf pulls the plug! After months of speculation and financial turmoil, the emergency brake was pulled on Thursday (November 5, 2026) in a New Jersey court. The ambitions for a "LIV 2.0" in 2027 are history, and the controversial league will be liquidated.
This bombshell not only spells the end for the Saudi Tour but also triggers an earthquake in the golf world – especially for the DP World Tour. Lee Westwood, a seasoned veteran on the green himself, is sounding the alarm: The European tournaments could be left completely destitute financially and strategically, instead of emerging stronger from the debacle.
European Golf in Freefall?
Westwood fears that PGA Tour Commissioner Brian Rolapp could now play serious "hardball." Without LIV as a bargaining chip, the DP World Tour simply lacks leverage. Previously, LIV stars like Jon Rahm, Sergio Garcia, or Tyrrell Hatton could participate in selected DP World Tour events, which brought prestige to the European circuit and also gave it leverage in negotiations with the PGA Tour. That's now gone. Westwood also looks critically at the prize money: There are no announcements yet for 2027, and funding seems completely unclear from 2028 onwards. He suggests that the path via the Korn Ferry Tour could become more attractive for top European talents than their own home circuit.
The Billion-Dollar League's Collapse
LIV Golf launched in 2022 with a gigantic financial fireworks display, fueled by the Saudi Public Investment Fund (PIF), enabling nine-figure player contracts. However, in April 2026, the PIF pulled the plug after reports indicated that over 5 billion US dollars had flowed into the project – an incredible sum of money. In September 2026, LIV then filed for "Chapter 11" bankruptcy and desperately tried to forge a "LIV 2.0" with 300 million US dollars from BC Partners. This rescue attempt has now spectacularly failed, as negotiations with the "leading players" ran aground.
