LIV Golf is only getting started in disrupting professional golf.

The invitational series, which has worked to lure top PGA Tour golfers, announced a $2 billion investment from Saudi Arabia’s Public Investment Fund that “will be used to fund ongoing expansion and prize purses for the new LIV Golf schedule,” the company wrote, announcing the move.

The series will offer $255 million in prize purses across 10 tournaments in 2022, which will combine individual and team formats.

LIV also announced an expanded schedule, with 10 tournaments next year and 14 in both 2024 and 2025.

“We have a long-term vision, and we’re here to stay,” said Greg Norman, LIV Golf CEO and commissioner. “We’re going to grow the game, give more opportunities to players, and create a more entertaining product for fans.”

The inaugural tournament in London, June 9-11, will reportedly feature 19 of the world’s top 100 players and six of the top 50.

Names are being withheld as players await waivers from the PGA Tour to join the tournament.

The post LIV Golf Announces $2B Investment, Expanded Schedule for 2023-2025 appeared first on Front Office Sports.