Phil Mickelson revelation comes to light just days after shock LIV Golf bankruptcy news
golfmagic.com • • sports
Key Points:
- Phil Mickelson reportedly owned a 0.23% stake in LIV Golf at the time the Saudi-backed circuit filed for Chapter 11 bankruptcy, according to Sportico and court filings.
- The majority ownership of LIV Golf was held by Saudi Arabia’s Public Investment Fund (PIF) at 98.48%, with former CEO Greg Norman also holding 0.23%.
- Mickelson was a high-profile LIV Golf signing, receiving a $200 million guarantee and a 25% stake in his team, HyFlyers GC, while actively recruiting other top players to the circuit.
- Despite his initial involvement, Mickelson has played only once in 2026 and missed all four majors this year, citing family health issues and amid ongoing controversies.
- LIV Golf’s proposed restructuring could significantly impact existing ownership stakes, including Mickelson’s, as the new structure aims to give players majority ownership in the reimagined league.
