LIV Golf faced a potential setback Tuesday after the PGA Tour, DP World Tour and Asian Tour announced a new strategic alliance that could reshape the Asian Tour's relationship with the Saudi-backed circuit.

The agreement, which takes effect immediately and runs through 2029, will see the PGA Tour and DP World Tour collaborate with the Asian Tour to expand commercial opportunities, create additional playing pathways and provide Asian Tour members with a clearer route to compete on the DP World Tour.

The PGA Tour and DP World Tour already have a separate strategic alliance, although that agreement has yet to be renewed.

It currently allows the top 10 players in the DP World Tour's season-long standings to earn PGA Tour cards.

Officials from both tours met during last week's British Open, and the new partnership with the Asian Tour, along with the PGA Tour's growing involvement in the Australian Open, is widely viewed as a step toward a broader renewed agreement.