New details suggest a Sergio Garcia incident at the 2026 Masters caused a $6 billion collapse of LIV Golf, resulting in losing its PIF funding. Fox Sports and Nine.com.au have labeled the event as 'embarrassing,' although details are still limited. Sergio Garcia’s actions might have triggered widespread panic among investors and sponsors, resulting in sudden financial instability.
Tyrrell Hatton addressed the situation in an indirect way by choosing a song during a recent event, showing frustration with LIV Golf’s direction. Gary Player warned the PGA Tour in May that LIV Golf could cause major challenges. These developments underline increasing strain within elite golf competitions.