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American news website Axios<\/a> reported earlier in the week that LIV chief executive Scott O\u2019Neil is seeking to raise US$250 \ufeffmillion (A$351.5m) to keep the league alive.<\/p>\n The report also stated that the former CEO of the NBA Philadelphia 76ers is projecting to investors that LIV will be profitable in two years.<\/p>\n That comes after O\u2019Neil had previously said turning a profit would a decade long project for the league that has lost more than US$5 billion since it began in 2022. <\/p>\n Bloomberg<\/a> then followed up that report by saying LIV is considering relocating its headquarter to the US because bankruptcy laws are more favourable than the United Kingdom and Jersey where they also have entities based.<\/p>\n The US laws allow foreign companies to often shield assets from overseas creditors and restructure their debt more effectively.<\/p>\n Despite those from reports a LIV spokesperson released a statement to reaffirm their position that are hunting investment to secure their future.<\/p>\n \u201cLIV Golf is firmly focused on securing a transaction that positions the organisation for the long term,\u201d the spokesperson said. <\/p>\n Bryson DeChambeau of Crushers GC sings autographs after day four of LIV Golf Virginia at Trump National Golf Club.Source: AFP<\/p>\n \u201cAs we begin presenting our go-forward business plan to prospective capital partners, we are focused on achieving a sustainable future, and there are multiple pathways under active exploration.<\/p>\n \u201cWe continue to see great momentum on the course, and with support through the 2026 season and a clear plan to raise capital, leadership is focused on identifying the right long-term strategic partners who believe in our mission to grow the game of golf worldwide. These conversations are just getting underway, and as they progress, the company expects to gain further clarity around the structure and timing of a potential transaction.\u201d<\/p>\n The players are not so sure about their future with LIV, however.<\/p>\n LIV\u2019s biggest star Bryson DeChambeau raised eyebrows with his comments on a podcast with Katie Miller about his doubt over the moon landing footage, but also his golfing future after missing the cut at The Masters and the PGA Championship.<\/p>\n \u201cI\u2019m in that weird space right now, I don\u2019t know what to do,\u201d DeChambeau said.<\/p>\n \u201cEither: Content creation or professional golf. I don\u2019t know what to do right now.\u201d<\/p>\n READ MORE<\/p>\n PGA Championship Wrap \u2014 Big guns rocked in emotional 150-1 shock; Rory\u2019s ugly fan blow-up as Smith stuns<\/a><\/p>\n \ufeffInsane sporting feat locked in… as Adam Scott to join all-time legend in incredible Aussie history<\/a><\/p>\n