Last golf tour on Earth (4)

I believe the answer is:

live

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'last' is the definition.
(synonyms)

'golf tour on earth' is the wordplay.
'golf tour on' becomes 'liv' (I can't justify this - if you can you should believe this answer much more).
'earth' becomes 'E'.
'liv'+'e'='LIVE'

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(Other definitions for live that I've seen before include "Heard or seen as the event takes place and not from a recording" , "Of TV programme, seen while taking place" , "Electrically charged" , "experience" , "Broadcast in real time" .)

I've seen this clue in The Independent.

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