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Rory McIlroy believes men’s professional golf can now experience a reset following LIV Golf’s attempts to "destroy" the DP World Tour.
LIV Golf is seeking a relaunch next year with fresh investment from BC Partners Capital after Saudi Arabia’s Public Investment Fund withdrew support, having poured five billion US dollars (£3.7bn) into the venture over four years.
In order to execute this relaunch, the organisation filed for Chapter 11 bankruptcy protection, resulting in the cancellation of all existing player contracts—a move designed to encourage players to re-sign under revised terms for LIV 2.0 in 2027.
Jon Rahm’s release involved giving up all financial claims against LIV’s bankruptcy estate, reported at up to 150million US dollars (£113m), while Sergio Garcia, Ian Poulter, Tyrrell Hatton, Louis Oosthuizen and Lee Westwood confirmed their futures lie elsewhere.
DP World Tour chief executive Guy Kinnings disclosed in an interview with The Scotsman that he had been informed one of LIV’s main ambitions was to "destroy" the tour, adding that any players hoping to return would need to prove "themselves in the system".
World number two McIlroy has consistently spoken out against the breakaway league and hopes the men’s game can now move forwards again.
"I agree with everything that Guy said," McIlroy told a press conference ahead of the Abu Dhabi Aldar Championship, the penultimate event in the Race to Dubai in which the Northern Irishman currently sits third behind Eugenio Chacarra and Patrick Reed.
"They took players, they took sponsors, they turned professional golf into an arms race. They were going around Augusta saying they wanted to destroy the European (DP World) Tour.
"I think people that don’t agree are probably very short-sighted. There was some of the money that they used the right way, created the International Series on the Asian Tour, great for a couple years, but where did that leave the Asian Tour? They left them high and dry.
"Asian Tour came back into the fold, did a partnership with the PGA Tour and the European Tour… again, this was always going to be the case.
"It was always going to be good for a few years until something like this happened, or they realised they weren’t going to get any return on investment, or they were going to leave the golf space and go invest in something else and invest in something that would actually make them money.
"I think for long-term sustainability for men’s professional golf, I think we are in a much better spot."
Double Masters champion McIlroy believes the whole LIV Golf saga will ultimately be remembered as "a very strange time".
He added: "They created a false economy within men’s professional golf, and I think that there is going to be a bit of a reset here, just for things to be a little bit more sustainable. Some players will argue that is not good for players, but I think that’s very short-term thinking.
"If you want sustainable tours, and we want these tours to be around in 50 years’ time, there has to be sustainable business practices in place to make sure they are."
Despite concerns voiced by certain players regarding the location of the season-ending event in the United Arab Emirates because of regional instability, McIlroy expressed complete confidence in the security measures.
"Obviously the DP World Tour are talking to the local authorities all the time. If everyone deems that it’s safe to be here, then who am I to say otherwise?" he added.
Former Manchester City manager Pep Guardiola took part in Wednesday’s pro-am event, playing alongside England’s Tommy Fleetwood.