Jon Rahm brushes off LIV Golf ‘rumors’ amid – Sports News
Jon Rahm has made his place clear on the potential shutdown of LIV Golf following the 2026 season.
The two-time main winner joined the Saudi-backed circuit after its institution in 2022, however the breakaway tour is now rumored to be dropping funding from Saudi Arabia’s Public Investment Fund on the finish of this season.
“Until the people in charge told me whether the rumors were true or not,” mentioned Rahm.
“For me, it didn’t make sense to think about it or waste time thinking about it. We were here; we knew we were going to play, so the idea was to prepare for a tournament. And that’s it.
“Since every part occurred so out of the blue and so shortly, I wasn’t very apprehensive about it as a result of usually, earlier than the rumors begin, we already know one thing. There’s all the time somebody within the league who is aware of one thing; it occurred so fast that I actually did not fear about it.”
At LIV Golf Mexico City, where the drama nearly started, Luis Masaveu stated his belief that the circuit is continuing to grow despite the swirling rumors.
“Well, I believe it is growing a lot more yearly,” said Masaveu. “Last yr I performed 9 tournaments. And this yr is already my sixth. And I believe it is growing tremendously. We noticed it in South Africa, the quantity of people there. In Australia too, the crowds. Well, I believe it is a product that is enhancing little by little; it is simply getting began. And it is enhancing a lot.”
LIV Golf has just eight remaining tournaments this season, including five in the United States.
During Thursday’s broadcast of the opening round in Mexico City, LIV Golf CEO Scott O’Neil addressed the circuit’s financial model: “The actuality is you are funded by means of the season and you then work like loopy as a business to create a business and a business plan to keep us going,” he said. “But that is not totally different from some other personal equity-funded business within the historical past of man.”
The circuit has signed players to multi-million dollar contracts, with each event offering a substantial purse for the winner.
“Given the momentum of this business, we’re actually enthusiastic about the place we’re and the place the place we’re,” O’Neil stated.
He went on to add: “This notion of bringing groups to market, I had two calls this morning. This notion of, ‘Do you need to raise money?’ Probably. This is business. But if we keep the trajectory going the best way we’re and the income growth going, that is going to be a actually good business for a actually long time.”
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