LIV Golf has postponed its tournament scheduled for June 25-28 at Bayou Oaks at City Park in New Orleans, with discussions underway for a potential rescheduling in the fall. Louisiana Governor Jeff Landry and Economic Development Secretary Susan Bourgeois confirmed the decision in a joint statement released Tuesday. The postponement comes amid reports of financial restructuring needs for the Saudi-backed league.
In the joint statement, Governor Landry and Secretary Bourgeois noted that Secretary Bourgeois spoke with LIV Golf CEO Scott O’Neil on Friday, during which O’Neil expressed interest in postponing the event to explore fall options. Sources familiar with LIV operations cited reasons including avoiding peak summer heat in Louisiana, ensuring the course reaches championship condition, and steering clear of attendance conflicts with the World Cup. The news was first reported by WDSU on Monday, with sources indicating the state sought postponement until LIV could restructure financially and secure more funding. Financial concerns for LIV Golf surfaced two weeks earlier, following reports that its backer, the Saudi Arabia Public Investment Fund, might withdraw support amid a strategic shift. LIV CEO Scott O’Neil addressed staff via email, stating, “Our season continues exactly as planned, uninterrupted and at full throttle.” In a now-deleted TV interview clip from that week’s Mexico tournament, O’Neil added, “The reality is you’re funded through the season, and then you work like crazy as a business to create a business and a business plan to keep us going.” The state has paid $3.2 million per contract, and LIV is expected to return all funds except $2 million already spent on City Park upgrades, which will benefit the community. LIV Golf’s next event remains set for May 7-10 at Trump National in Washington, D.C., with the season-ending Team Championship planned for August 27-30 in Michigan.
