LIV cash crunch hits Asian Tour as Korea Open prize money cut
The Asian Tour has canceled a planned increase in prize money for the Korea Open due to financial issues related to LIV Golf. Originally, LIV Golf was set to provide a $500,000 boost, raising the total prize fund to a record $1.5 million. However, the prize money has reverted to last year's amount of KRW 1.4 billion following a statement from the title sponsor Kolon.
- ▪The Asian Tour announced a revision of the Korea Open prize money to KRW 1.4 billion, the same as last year.
- ▪LIV Golf had previously promised a $500,000 increase to the prize fund, which would have made it the largest in the tournament's history.
- ▪The future of LIV Golf is uncertain after Saudi Arabia's Public Investment Fund announced it would stop funding the tour after the 2026 season.
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