Thursday, November 5, 2026   |   WeatherNewsletter   •   Blog   •   Contact
One Place News
One Place News - Breaking News - Local News - News today
THE DAILY BRIEFINGNews that matters, delivered clearly.
Receive One Place News email updates. Unsubscribe anytime.
BREAKING
Home / Economy & Finance
Economy & Finance

Reset needed after LIV's 'false economy' – McIlroy

Six-time major winner Rory McIlroy believes recent years will be viewed as a "very strange" time in golf history and that change is needed to ensure the long-term financial viability of the game. Rory McIlroy is an action…
One Place News   •   November 4, 2026   •   Updated November 4, 2026
Reset needed after LIV's 'false economy' – McIlroy

Six-time major winner Rory McIlroy believes recent years will be viewed as a "very strange" time in golf history and that change is needed to ensure the long-term financial viability of the game. Rory McIlroy is an action this week at the Abu Dhabi Aldar Championship The 37-year-old from Northern Ireland was a vocal opponent of LIV Golf, the controversial Saudi-backed breakaway tour that attracted some of the biggest names in the sport when launched in 2022. With the Saudi Public Investment Fund (PIF) having withdrawn its backing after previous investment of more than $5bn (£3.8bn), the league filed for bankruptcy protection last month. While a possible $300m (£224m) in financing from BC Partners Credit could lead to what has been dubbed LIV 2.0, leading players including Jon Rahm and Sergio Garcia have already walked away.

"I think we'll look back on it as a very strange time. It gave players a lot of leverage over the tours, and I don't necessarily think that's a good thing for the overall health of the professional game," said McIlroy before the start of the Abu Dhabi Aldar Championship on Thursday. "I do think there has to be a bit of a reset. They [LIV Golf] created a false economy within men's professional golf, and I think that there is going to be

Source & Attribution

This One Place News story was acquired from bbc.co.uk. OPN retains the source link and provenance for newsroom review.

Filed Under

Economy & Finance   •   Sports

Share: Facebook   •   X   •   Email

Related Coverage

Pegula calls Andreeva 'a diva' after practice session
November 5, 2026
McIlroy handed two-shot penalty for improving lie
November 5, 2026
A bitter end for Ronaldo – the icon who transformed Portugal
November 5, 2026