LIV Golf 'could be sold for less than a pound' with future shrouded in uncertainty

The breakaway golf league that once secured nearly £4billion in Saudi Arabian backing now faces the prospect of being offloaded for a mere 75p.

LIV Golf finds itself in dire financial straits following its abandonment by the Public Investment Fund, with losses mounting at approximately £75million each month.

Financial analysts have offered a stark assessment of the league's survival prospects, suggesting it may struggle to continue operations past its final scheduled event in August when Saudi funding officially ceases.

The situation has prompted speculation that potential buyers might acquire the entire operation for a symbolic $1, essentially taking on its liabilities rather than paying any meaningful purchase price.

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Two anonymous financial experts speaking to Golf.com offered a pessimistic outlook for the embattled tour.

One source, described as supervising transactions for a global professional services firm, suggested: "This could be one of those situations where the purchase price is a dollar, and someone just takes the liabilities off your hands."

Both money specialists agreed that LIV's most realistic path to survival lies in attracting what they termed a "vanity purchase" – perhaps a golf-obsessed billionaire or a casino operator seeking promotional opportunities through the league.

The consensus among these financial advisers points to wealthy individuals with personal motivations rather than sound business reasoning as the league's likeliest saviours.

The second expert, specialising in corporate restructuring, drew parallels with American sports franchises that operate at a loss yet remain viable through wealthy ownership.

He explained: "A team's value is not based on what their actual cash flow is. It's based upon somebody wanting to own a sports team. And there's only so many of them."

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This specialist outlined how independent advisers typically explore every available option before ultimately preparing contingency plans for worst-case scenarios.

He noted: "That includes a going-out-of-business option, which is the floor value."

It is at this floor value that the notion of a token $1 acquisition becomes a genuine possibility for the struggling tour.

Amid this financial turmoil, LIV received welcome news as one of its biggest stars dismissed speculation about an imminent departure.

Bryson DeChambeau, the double Major champion whose contract expires in August, has been the subject of persistent rumours suggesting he had tasked his agent with securing a swift exit from the rebel circuit.

The American, who boasts millions of social media followers, firmly rejected such claims.

He stated: "Talk of me being in dialogue with the PGA Tour is completely untrue.

"I'm working as hard as I can to find a solution. I'm committed to making team golf work in the best way possible."

DeChambeau expressed his dedication to LIV's distinctive team format and expanding golf's global reach.

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