Niemann Leads Entering Final Day at Bedminster Amid LIV Golf Funding Uncertainty
Joaquin Niemann holds a two-stroke lead over Harold Varner III heading into the final round at Trump National Bedminster. The tournament occurs as LIV Golf leadership seeks new investment following the Public Investment Fund's strategic withdrawal.
Key takeaways
- Joaquin Niemann leads the Bedminster event by two strokes after a third-round 70.
- LIV Golf is actively seeking new lead investors following the withdrawal of PIF funding in April.
- PIF Governor Yasir Al-Rumayyan and BC Partners Credit leadership were present at the event amid talks of a potential loan.

What Happened
Joaquin Niemann maintained his position at the top of the leaderboard during the LIV Golf event in Bedminster, New Jersey, despite a fluctuating third round. Niemann, who entered the day with a five-stroke advantage, finished at 14 under par after recording a 70. His lead narrowed to two shots as Harold Varner III surged into second place with a round of 65, the lowest score of the day.
England’s Lee Westwood occupied third place at 10 under par. The tournament saw varying performances from the Australian contingent, with Lucas Herbert positioned 11 shots back at three under par, while Ripper GC captain Cameron Smith struggled at six over par. In the team standings, Niemann’s Torque GC leads at one under par, holding a two-stroke advantage over Legion XIII.
Background
The event coincides with significant shifts in the league's financial structure. Following a statement from Saudi Arabia’s Public Investment Fund (PIF) that substantial long-term investment in LIV Golf no longer aligns with its current strategy, the league has been seeking alternative capital. PIF Governor Yasir Al-Rumayyan was observed at the Bedminster clubhouse alongside Donald Trump and Ted Goldthorpe, head of BC Partners Credit. Reports indicate BC Partners Credit is considering a loan to the league, while LIV Golf CEO Scott O’Neil has claimed to have identified a new lead investor to sustain operations through 2027.
Key Facts
- Joaquin Niemann stands at 14 under par (199) after three rounds, holding a two-shot lead.
- Harold Varner III moved into second place after shooting a 65 on Saturday.
- Torque GC leads the team competition at one under par.
- The Public Investment Fund announced in April it was pulling future funding from the league due to shifting investment priorities.
- LIV Golf leadership is reportedly negotiating with BC Partners Credit for new funding.
- 53-year-old Lee Westwood is in third place at 10 under par.
What Happens Next
The tournament concludes with a final round where Niemann seeks his ninth LIV Golf individual title. Beyond the course, the league continues to navigate its transition to "LIV 2.0," which may include offering equity to marquee players like Jon Rahm to ensure their retention as the organization pivots toward new private credit sources and away from its original sovereign wealth backing.
Sources reviewed
Project Chintan independently synthesized and analyzed information cross-checked across the sources listed above.
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