Skip to content
Friday 21 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,778.88
+0.29%
DAX
26,094.73
+0.43%
CAC 40
8,472.53
+0.23%
STOXX 50
6,451.85
+0.46%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 07 June 2022 12:59 pm  |  Updated:  Wednesday 08 June 2022 12:17 pm

LIV Golf Invitational Series: All you need to know about the new Saudi-backed £200m circuit

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Former world No1 and two-time major winner Dustin Johnson is among the players to have signed up to the LIV Golf Invitational Series
Former world No1 and two-time major winner Dustin Johnson is among the players to have signed up to the LIV Golf Invitational Series (Photo by Aitor Alcalde/LIV Golf/Getty Images)

There is a lot that is new at the LIV Golf Invitational Series, which starts at Centurion Club near London this week, from the 54-hole format to the combination of team and individual scoring. 

But that is the tip of the iceberg, with much more profound changes to the way golf is played and watched at the top level on the horizon. 

Here is a run down of what the series is, how it works, what is at stake and how the competition is due to evolve over the next few years.

What is the LIV Golf Invitational Series?

This year’s inaugural series is the first iteration of a new circuit for golf’s top players; a taster of what the format will be like and how the action will play out.

There are eight events in the first LIV Golf Invitational Series, beginning at Centurion Club near London this week and also taking in the US, Thailand and the Middle East.

The first seven are three-day tournaments comprising both individual and team scoring, but the eighth and final leg is a four-day match play knockout contest.

What is the format of the LIV Golf Invitational Series?

Where typical tournaments take place over four rounds, one of the key characteristics of LIV Golf events is that they are condensed into 54 holes – LIV is 54 in Roman numerals.

The field is also smaller than usual at just 48 players, but there is no cut so every competitor is guaranteed to be involved for the full three days.

Those 48 players are split into 12 teams, each with a captain who then picks the remaining members of his team via a draft on the week of the event.

To improve the experience for viewers, the day’s play takes place over just four and a half hours, with players starting at different holes – known as shotgun starts.

How does the scoring work?

The individual element of each event works just like any other stroke play competition, with the lowest score winning.

In the team contest, each side’s best two stroke play totals count for the first two rounds. On the final day there is less margin for error, with the best three scores counting. 

For the series finale, match play rules apply instead. The 12 teams will be seeded, with the best four sides receiving a bye into the second round.

Who is playing in the series?

We only know the field for the first event so far, but those signed up include former world No1 Dustin Johnson and six-time major winner Phil Mickelson.

England’s Lee Westwood and Ian Poulter, fellow Ryder Cup stars Sergio Garcia, Graeme McDowell and Martin Kaymer are also on board, as are major winners Louis Oosthuizen and Charl Schwartzel.

Read more

South Africa sport minister on Olympics bid, Formula 1, Springboks and LIV Golf

Rugby player in green jersey with Pic n Pay 13 shaking hands with a smiling man in a suit and tie

Players must play at least four of the first seven events to be in contention for lucrative bonuses, so it’s likely most of those at Centurion will play the majority of the first season of the LIV Golf Invitational Series.

How much prize money is on offer at the LIV Golf Invitational Series?

There is big prize money on offer at the LIV Golf Invitational Series, which is bankrolled by Saudi Arabia’s Public Investment Fund – $255m (£204m), in total.

Each of the first seven events carries a purse of $25m, with $20m for the individual competition, including $4m for the winner.

The team competition is worth another $5m, of which the winning team shares $3m.

At the end of the first seven events, an individual series champion will receive an extra $18m, with $8m for second and $4m for third.

A further $50m is up for grabs at the eighth event, the Team Championship. The winning team bank $16m, with each player receiving an equal share.

What else is happening at the series?

Once the final putts have been holed, the entertainment will continue off-course, with each event offering concerts from big-name music acts.

Craig David, James Bay, Jessie J, Melanie C, James Morrison and John Newman are all due to perform at Centurion Club this week, as part of a lively “apres golf” offering.

A London-themed fan village will feature Borough Market-inspired food and drink, Covent Garden street performers and childrens’ activities including face painting and soft play.

Guests can also improve their technique with some tips from professional golf coaches, or take part in virtual competition in the Metaverse Tent.  

How does the series relate to a proposed super golf league?

The LIV Invitational Series will retain the same structure in 2023, only with additional dates added to the calendar.

But in 2024 it is set to evolve into a fully fledged league, in which each of the 12 teams has a star captain and a roster of players who take part for the whole season.

The teams will have their own distinct identities and LIV golf hope that they can emulate the success of cricket’s Indian Premier League.

Indeed, the big-name captains will also be minority shareholders in their teams, with the idea being that they help grow the value of their franchise with a view to attracting investors and ultimately selling some of their stakes.

In year three of the league, so 2026, a transfer market will open which will allow teams to trade and poach rival players, introducing another new element to professional golf.

Read more

Sushidog investor pumps seven-figure sum into golf sim brand ahead of Open

TeeGo 27 electric scooter launch featuring sleek design and advanced technology in a modern urban setting

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport Business
  • Sport

Related Topics

  • Golf
  • Sport business
  • Sports money

Trending Articles

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

  • City law firm sues prominent Emirati business family

  • Amanda Blanc has worked her magic at Aviva

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

More from Morning Wire

  • South Africa sport minister on Olympics bid, Formula 1, Springboks and LIV Golf

    Sport Business
    Rugby player in green jersey with Pic n Pay 13 shaking hands with a smiling man in a suit and tie
  • Sushidog investor pumps seven-figure sum into golf sim brand ahead of Open

    Sport Business
    TeeGo 27 electric scooter launch featuring sleek design and advanced technology in a modern urban setting
  • American Express tees up golf’s St Andrews as it expands its sports portfolio

    Sport Business
    Golf course with the Old Course Hotel and town buildings in St Andrews, Scotland, under cloudy skies.
  • Manchester United accused of banning loyal fans to make space for big-spending tourists

    Sport Business
    Excited football fans in a stadium, many wearing red shirts, cheering and holding up phones.
  • Sports hospitality has never been this good – but which sport does it best?

    Sponsored
    Last week Guild Esports revealed it only had £25,000 left in its accounts, sending its share price plummeting to a record low
  • Cristiano Ronaldo on Mars: Where will sport take us in the next five years?

    Sport Business
    Cristiano Ronaldo smiling in his white and yellow Al Nassr football jersey during a match
  • Liverpool upheaval as key figure leaves after multi-club expansion fails

    Sport Business
    Stunning cityscape at dusk with skyscrapers illuminated, showcasing urban development and modern architecture.
  • Ryder Cup adds financial services firm to global sponsorship roster

    Sport Business
    Golfer Shane Lowry celebrating a successful putt on the green with a fist pump and an intense expression.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook