Tuesday, May 12, 2026

Rory McIlroy: I Knew About LIV Funding Trouble Before the Players Did

Rory McIlroy said he was hearing rumblings about LIV Golf losing its funding from the Saudi PIF several weeks before the development came to the public eye.

Bill Streicher-Imagn Images

NEWTOWN SQUARE, Pa. — Rory McIlroy said he was hearing rumblings about LIV Golf losing its funding from the Saudi PIF several weeks before the development came to the public eye last month.

“It was always a possibility,” McIlroy said Tuesday during his pre-tournament press conference at the PGA Championship. “I feel like a lot of us in this room, including me, we almost knew before the players did that this was going to happen. Like I was hearing about this back in March, April time.”

In the days after McIlroy won his second consecutive Masters on April 12, attention quickly shifted to the future of LIV. Reports about the PIF pulling funding first surfaced on April 15.

Later that week, as LIV was in Mexico City for a tournament, league CEO Scott O’Neil confirmed LIV was looking for new investors. The PIF officially announced its decision to cut LIV’s funding on April 30.

“I have friends over there,” McIlroy said of LIV. “One of my best friends, Ricky, caddies for Tom McKibbin, who’s over there, and I would talk to him all the time about what was going on. I was saying to Ricky, even before Mexico, Have you guys heard any of this stuff? He was like, ‘No, everything seems okay over here.’ 

“It just feels like the rug was pulled from under their feet and everyone was sort of blindsided by it.”

Deal or No Deal?

After initially being blindsided by the PGA Tour’s bombshell framework agreement with the PIF in 2023 that would have ended the rift with LIV, McIlroy eventually became supportive of striking a deal with the Saudis. 

In November 2024, McIlroy said U.S. President Donald Trump’s return to the White House could clear the way for a deal. However, those talks ultimately fell apart last year.

“I’m glad I was wrong,” McIlroy said on Tuesday about wanting the PGA Tour to partner with the PIF. “I can admit when I’m wrong, and that was one that I did get wrong.”

Jon Rahm—one of LIV’s biggest stars alongside Bryson DeChambeau—joined the league ahead of its 2024 season in a move many speculated was to force movement in the PIF–PGA Tour talks.

“I was never like thinking that I was going to be any sort of weight that would tip the scales to make things come together,” Rahm said Tuesday at the PGA Championship. “That was never an argument in my mind.”

Last week at LIV Golf Virginia, Rahm said he has several years left on his LIV contract and doesn’t see a “way out” of it any time soon.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 11, 2026; Newtown Square, Pennsylvania, Scottie Scheffler walks to the the eleventh hole during a practice round of the PGA Championship golf tournament at Aronimink Golf Club.

PGA Championship Brings LIV and Prize Money Questions

The tournament begins Thursday outside of Philadelphia.
May 10, 2026; Sterling, Virginia, USA; Josele Ballester celebrates a putt during the final round of LIV Golf Virginia golf tournament at Trump National Golf Club.

LIV’s New Board Directors Also Take Over U.K. Positions

Eugene Davis and Jon Zinman joined LIV last month.

USGA’s Mike Whan on LIV Golf, Tiger Woods, and Golf’s Changing Future

The U.S. Open will be played June 18–21 at Shinnecock Hills.

Trump Administration Ends Standoff With D.C. Public Golf Courses

The National Links Trust and the U.S. Department of the Interior struck a deal.

Featured Today

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit
May 7, 2026

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.

PWHL Adds Teams in Detroit, Las Vegas Amid Expansion Spree

The two new teams will bring the league up to 10 franchises.
May 11, 2026

Bednarek Still Believes ‘Sky’s the Limit’ for Grand Slam Track

GST filed for bankruptcy after its inaugural season in 2025.
May 10, 2026; Washington, District of Columbia, USA; New York Liberty forward Breanna Stewart (30) argues a call with referee Toni Patillo (76) during a stoppage in play against the Washington Mystics in the second half at CareFirst Arena. Mandatory Credit: Geoff Burke-Imagn Images
May 12, 2026

WNBA’s Officiating Changes Already Drawing Complaints

There has been a clear increase in foul calls in the WNBA.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Dec 28, 2025; East Rutherford, New Jersey, USA; New England Patriots head coach Mike Vrabel during the first quarter of the game against the New York Jets at MetLife Stadium. Mandatory Credit: Robert Deutsch-Imagn Images
May 11, 2026

Can Mike Vrabel Survive Until NFL Season as Patriots Coach?

Some have grown skeptical of Vrabel’s job security.
May 11, 2026

NFL Schedule Announcements Begin, Big Rivalry to Kick Off ‘SNF’

The primetime broadcast leans into a heated NFC East division rivalry.
May 10, 2026

Rolapp: PGA Tour’s Social Media Policy Is From NFL’s Playbook

The PGA Tour’s new social media policy increases content allowances.
NBA Draft Lottery 2026
May 10, 2026

Wizards Win NBA Draft Lottery With Tank Reform on Horizon

The NBA is proposing changes to lottery rules starting next season.