LIV Golf to lay off majority of staff as O'Neil seeks $250–350m for scaled-back "LIV 2.0"

LIV Golf is laying off most staff in early September after Saudi Arabia's PIF ended support following $5bn spent over five years. CEO Scott O'Neil seeks $250–350m from BC Partners' Ted Goldthorpe for "LIV 2.0": 10 events in 2027, down from 14 with $25m purses. The team championship was cancelled and bankruptcy looms.