LIV Golf’s financial troubles have increasingly come to light as several vendors and contractors claim the league has not paid them for services rendered during 2026. Among them, Fresh Tape Media filed a lawsuit demanding $1.23 million plus interest for work on LIV’s January preseason media days event. This legal action follows similar lawsuits from other providers, highlighting a troubling pattern of unpaid bills as the league races to maintain operations.

Scott O’Neil, LIV Golf CEO, acknowledged these issues during a press conference ahead of the league’s 2026 Indianapolis season finale. While he expressed hope that the league can settle debts with vendors, O’Neil admitted that LIV faces enormous pressure and uncertainty, especially with funding from the Saudi Public Investment Fund ending after this season. The recent cancellation of the Michigan $40 million team championship event and an earlier Louisiana tournament underscores the league’s rocky path.

Looking ahead, LIV Golf is pursuing a new financial backer to stabilize its future. O’Neil revealed they are “well on our way” to closing a deal with London-based BC Partners Credit, whose top executive recently engaged with players and league officials. Although details remain sparse and the timing of a final agreement is undisclosed, this potential investment is seen as key to transitioning into a “LIV 2.0” model and aiming for sustainability beyond the current funding cycle.

Despite the challenges, O’Neil emphasized LIV’s commitment to their partners and reputation, stating they do not hide from difficulties but “do the best we can” given their resources. He did not rule out any options, including bankruptcy, but stressed the primary objective is securing the BC Partners deal to support LIV’s long-term viability amid ongoing financial strain and operational disruptions.