On Monday, the DP World Tour said players who sign up to LIV’s 2027 season will not be allowed to be members of the Europe-based circuit.
McIlroy, who was speaking to Bloomberg in New Delhi before playing in the DP World India Championship, added: “It looks like every day that goes by, there’s another player that was on LIV who says that they’re not going to rejoin for LIV 2.0.
“So I think it is going to be very difficult for them to get out of this Chapter 11 bankruptcy and go forward.
“If they do, it’s certainly not going to be a threat to the traditional order of the game as maybe it once was.”
As one of the PGA Tour’s biggest stars, McIlroy immediately became a vocal opponent of LIV when it fractured men’s professional golf four years ago.
Asked about his long-standing criticism, he said he and 15-time major winner Tiger Woods voiced their displeasure at LIV’s emergence because “we were probably the two that had the most to lose”.
“We both felt this wasn’t good for the game and it was going to fracture the game,” he added.
“But also, everyone around the game has interests and we were about to launch TGL (Tomorrow’s Golf League) and we thought LIV could have taken something away from TGL, which it did because some players went to LIV and you had to be a PGA Tour member to play in TGL.
“Everyone has different interests in the game. You’re trying to protect your interests but also the interests of the game as a whole.”