Is LIV Golf shutting down? Rumors appear false as Mexico event to start

The five-year-old LIV Golf league has been on a wild ride since launch. The red-hot rumor mill stoked some fires of its reported demise all day Wednesday but for now, at least, the circuit continues operations.

After a full day of speculation, innuendo and opinion (asked for or not), LIV Golf posted a message on social media on Wednesday with the question: "Slow news day?" and then the phrase: "We are ON."

Report: LIV CEO says 'season continues exactly as planned'

Wednesday night, ESPN's Jeff Darlington reported on an email sent by LIV CEO O'Neil that include the phrase:

I want to be crystal clear: Our season continues exactly as planned.

The full email was obtained by FOS with the subject line from O'Neil: "Our Mission Continues: Mexico City and the Path Ahead."

What's going on with LIV Golf?

There's many answers to that question but first and foremost, LIV is in Mexico City this week, hosting rthe sixth event on its 14-event schedule in 2026. The first round of the four-round, 72-hole stroke play competition is Thursday at Club de Golf Chapultepec in Mexico City.

The bigger-picture question about LIV is its future. There was a report that LIV officials were summoned to an emergency meeting in New York, according to a report in The Telegraph, amid speculation fueled by social media from the night before that the league could be on the verge of shutting down operations.

But, Gabby Herzig of The Athletic reported that her publication visited the LIV offices in New York and were told CEO Scott O'Neil and his team were in Mexico City.

Bjorn Hellgren hits a tee shot during a practice round ahead of the 2026 LIV Golf Mexico City at Club de Golf Chapultepec in Mexico City.

Sergio Garcia responds to questions about LIV's future

LIV Golf generally does two days of pre-event news conferences with select players. The Tuesday session never happened and the story is that there were technical difficulties. On Wednesday, Sergio Garcia and his Fireballs teammates sat down and took some questions and he took the one and only one about the rumors of the league's demise, saying he's heard nothing.

Five other LIV golfers did media and none of them were asked if they knew anything or heard anything.

PGA Tour players answer questions about these LIV Golf rumors

In Hilton Head, South, Carolina, nine PGA Tour players were asked for a story on Golfweek. Keith Mitchell is a player director on the PGA Tour and a member of the Tour's Future Competitions Committee. He was an obvious target to ask about LIV players returning but he opted to answer diplomatically.

"That’s a good question. Actually, it’s a great question," he said. "I think a lot of players have pretty strong opinions about it. I think you’ll have to ask them. I represent them, not me.”

― Adam Schupak, Golfweek

LIV Golf potential shutdown offers 'significant blow' to PIF

We have a new report to add to the growing pile of them over LIV Golf potentially shutting down: With a reported "emergency" meeting for LIV execs in New York City, there's also more from a new article by the Financial Times.

"Saudi Arabia's sovereign wealth fund is on the verge of cutting its support for LIV Golf," it reads. "An announcement on the future of the kingdom's involvement in LIV, which has racked up huge losses since being set up five years ago, could come as soon as Thursday."

― Charles Curtis, For The Win

Did you know LIV funding surpassed $5 billion (with a B)?

As of early 2026, the Saudi Public Investment Fund's total investment in LIV Golf had reached $5.3 billion, following a $266.6 million capital injection approved by Governor Yasir Al Rumayyan on Feb. 1.

In 2024 and 2025, net spending by LIV Golf averaged $100 million per month. Based on that monthly burn rate, PIF can expect to invest $1.2 billion, bringing its cumulative investment in LIV Golf to in excess of $6 billion by the end of this year.

― Adam Schupak, Golfweek

This article originally appeared on Golfweek: Is LIV Golf shutting down? Rumors are false as Mexico event starts