(Photo credit: Jasen Vinlove-Imagn Images)

LIV Golf is pitching a reduced 10-event international schedule to potential investors, Sportico and CNBC reported.

The league reportedly is seeking $250 million to $350 million in funding to continue operations beyond this year after Saudi Arabia's Public Investment Fund announced its financial commitment will end at the conclusion of the season.

According to the reports, LIV Golf's investment pitch outlines a plan built around international tournaments and uses the high attendance figures in Australia and South Africa as benchmarks.

The 2026 LIV Golf calendar originally featured 14 events, including five in the United States. A tournament scheduled for New Orleans from June 25-28 has been postponed.

Bloomberg reported earlier this week that LIV Golf is preparing for a potential bankruptcy filing.

An LIV Golf spokesperson responded to that report with a lengthy statement to Golf Digest.

'LIV Golf is firmly focused on securing a transaction that positions the organization for the long-term,' read the statement. 'As 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.

'We 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.'

In addition to the loss of PIF funding, LIV Golf soon may be facing a talent vacuum. Golf Digest reported that agents for several players have reached out to the PGA Tour about potential pathways back for their clients.

--Field Level Media