LIV Golf Faces Fourth Vendor Lawsuit as Layoffs, Funding End

By Staff Writer

August 28, 2026

3 min read

LoopGolf

Key takeaways

Fantasy Interactive is the fourth vendor to sue LIV Golf this year, alleging more than $1 million in unpaid invoices and interest.
PIF has invested more than $5 billion in LIV Golf since June 2022 and roughly $100 million per month this season, according to ESPN, but that funding runs only through 2026.
LIV is laying off the majority of its staff, with employment ending the first week of September.
The season-ending team championship, planned for Detroit, was canceled, and the Indianapolis finale's individual purse was cut in half to $10 million.
LIV has a signed term sheet with BC Partners and is working toward a September deadline for a new funding deal.

LIV Golf is entering the offseason under mounting financial strain: a fourth vendor has sued the league over unpaid bills, the majority of its staff is being laid off, and the Public Investment Fund's financial commitment runs out at the end of 2026.

What are vendors claiming in court?

Fantasy Interactive filed suit Wednesday in New York State Supreme Court, alleging LIV owes it $992,870.75 in unpaid invoices for building and maintaining the league's mobile app and website, plus more than $88,000 in interest. The app was built in 72 days ahead of the 2026 season launch. Three other vendors have filed similar suits this year.

Vendor	Service
Fantasy Interactive	Mobile app and website ($992,870.75 plus interest)
Deltatre	Mobile app technology
Fresh Tape Media	2026 preseason event production
Mobii Systems	Broadcast and streaming technology

Why is Saudi funding running out?

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested more than $5 billion in LIV Golf since its first event in June 2022 and roughly $100 million a month this season, according to ESPN. That commitment concludes at the end of the 2026 season. A LIV spokesperson said the league is "scaling back operations as we transition to the next chapter of LIV Golf and work toward making LIV 2.0 a reality."

What does the funding cliff mean for staff and events?

Most LIV employees learned this week that their jobs will end the first week of September. Corporate credit cards were deactivated Wednesday, and departing staff will receive lump-sum pay through Oct. 6 to satisfy federal WARN Act notice requirements, plus 15 days of severance. On the competition side, the season-ending team championship originally scheduled for Detroit was canceled, and the individual purse for last week's Indianapolis finale was cut in half to $10 million, with $30 million allocated to the team competition.

Unpaid vendors and a shrinking workforce are the clearest signs yet of how tight LIV's finances have become heading into 2027.

Is bankruptcy a possibility?

LIV CEO Scott O'Neil did not rule it out when asked last week. "I don't think we would rule out any option," he said, adding that the league's focus is on completing a new financing transaction. LIV has a signed term sheet with BC Partners, whose credit division head, Ted Goldthorpe, presented to players in Indianapolis last week. O'Neil said the league is working toward a September deadline for a definitive agreement and is fielding interest from other potential partners as well.

How are players responding?

Player reaction to the funding uncertainty has varied. LIV star Tyrrell Hatton, who has earned nearly $43 million in individual earnings and bonuses over three seasons, said he remains confident in the league's direction. "I know they have worked really hard to getting funding stuff in place," Hatton said. "So I know it's full steam ahead on that front."