LIV Tour cuts prize money sharply as uncertainty grows over its future

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LIV Tour cuts prize money sharply as uncertainty grows over its future
Photo: Jon Super/AP/TT

It is turbulent, to say the least, on the LIV Tour, which is fighting for its survival after the Saudi investment fund PIF announced earlier this year that it was ending its role as financier.

A couple of days ago, next week's team final in Michigan was cancelled. Now the LIV Tour has also announced that it is significantly reducing the prize money in this week's competition in Indianapolis, which ends the season.

According to golf.com, this week's winner in Indianapolis will receive only about half of the $4 million that last year's winner, Sebastián Muñoz, took home.

The LIV Tour announced a couple of weeks ago that it had found a new, unnamed lead investor. At the same time, the tour is surrounded by rumours that Spanish star Jon Rahm, among others, is planning to leave to return to the PGA Tour next year.

Perhaps some of the questions will be clarified when LIV Tour CEO Scott O'Neil meets the media in Indianapolis later on Wednesday.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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