LIV Golf is seeking at least $350 million in fresh investment and plans to cut four tournaments to ensure its future beyond this year.
LIV's Australian tournament in Adelaide appears safe should the new investment be secured by a drive currently underway by leaders of the breakaway league.
A confidential business plan seen by AAP proposes a 10-tournament season from next year, down from 14 events this year.
The plan seeks investment of between $US250m ($A350m) and $US350m ($A490m) and maintains such funding would drive a "path to profitability after three years".
Investment bank Ducera Partners has started presenting the plan to potential backers, a source told AAP.
LIV golfers including Australia's Cam Smith have been briefed about the investment push and responded favourably, the source said.
