Sunday, September 13, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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

Jun 17, 2026; Southampton, New York, USA; Bryson DeChambeau (L) and Jon Rahm (R) walk together during a practice round for the U.S. Open golf tournament.

LIV Players in Spotlight in Bankruptcy Process

Star players could serve on a key creditors committee.
Tiger Woods of Jupiter Links GC stretches his left leg next to Tom Kim during warms up before match against the Los Angeles Golf Club who won the TGL finals at SoFi Center on March 24, 2026, in Palm Beach Gardens, Florida.
Exclusive

New Funding Doubles TGL Parent Company Valuation to $1B

TMRW is the parent company of indoor golf leagues TGL and WTGL.
Aug 20, 2026; Westfield, Indiana, USA; Carlos Ortiz tees off on hole 14 during the first round of the LIV Golf Indianapolis golf tournament at The Club at Chatham Hills.

LIV Bankruptcy Reveals PIF’s $495M Exit, Player Contract Details

The bankruptcy process is peeling back the curtain on LIV.
Aug 23, 2026; Westfield, Indiana, USA; Jon Rahm puts the ball on hole 12 during the final round of the LIV Golf Indianapolis golf tournament at The Club at Chatham Hills. Mandatory Credit: Jerod Ringwald-Imagn Images

LIV Golf’s Bankruptcy Road Is Unlike Its Predecessors

The troubled golf entity is looking elsewhere across sports for inspiration.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with NFL RedZone Host Scott Hanson on Season 18, Ads and the ESPN Merger

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”
Tennis - U.S. Open - Flushing Meadows, New York, United States - September 9, 2026 Spain's Carlos Alcaraz fells during his quarter-final match against Ben Shelton of the U.S. REUTERS/Eduardo Munoz

No Quick Fixes Coming for US Open’s Late Nights

While Wimbledon has a curfew, the other three majors don’t want one.
Aug 22, 2026; Cleveland, Ohio, USA; Buffalo Bills quarterback Josh Allen (17) warms up before the game between the Cleveland Browns and the Bills at Huntington Bank Field
September 11, 2026

QB Contracts and New Coaches: NFL Week 1 Storylines

The league’s season is kicking off with nine major business storylines.
The Herd
Exclusive
September 12, 2026

Colin Cowherd Buys Stake in EPL’s Ipswich

Other Ipswich investors include Marques Colston and Ed Sheeran.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
Mar 21, 2026; Dallas, Texas, USA; LA Clippers forward Kawhi Leonard (2) looks on during the game between the Mavericks and the Clippers at American Airlines Center. Mandatory Credit: Jerome Miron-Imagn Images
September 11, 2026

Kawhi Leonard Saga Enters Uncharted Territory With Federal Probe

News of the probe comes a week after the NBA announced its punishment.
Tennis - Australian Open - Melbourne, Australia, January 14, 2018. Tennis balls are pictured in front of the Australian Open logo before the tennis tournament. REUTERS/Thomas Peter
September 10, 2026

Australian Open Reaffirms Five-Set Format After CEO’s Comments

Andrew Abdo took over for Craig Tiley last month.
September 8, 2026

LIV Files for Bankruptcy As Fight for Survival Continues

LIV also announced a restructuring support agreement with BC Partners.
Tennis - U.S. Open - Flushing Meadows, New York, United States - September 4, 2026 General view of Australia's Maya Joint and Taiwan's Chan Hao-ching in action during their first round match against Serena Williams and Venus Williams of the U.S. REUTERS/Brendan Mcdermid
September 8, 2026

New Australian Open Head Suggests Shortening Grand Slam Matches

Andrew Abdo took over for Craig Tilley last month.