LIV Golf CEO Scott O'Neil has moved to alleviate concerns about the league's financial stability, stating that the 2026 season will continue as planned without interruption. This comes amid reports suggesting Saudi Arabia's sovereign wealth fund may be reconsidering its financial backing of the league. In a memo to staff, O'Neil emphasized that the season will proceed 'at full throttle,' underscoring the organization's resilience and commitment to disrupting the status quo in golf.
The announcement follows a series of reports indicating that LIV Golf executives were summoned for an emergency meeting and that the Public Investment Fund (PIF) might be on the verge of cutting its support. Despite these rumors, LIV Golf has promoted its upcoming event in Mexico, with players like Sergio Garcia expressing confidence in the league's future. The situation remains fluid, with the PIF unveiling a new five-year investment strategy that may impact its support for LIV Golf.
As the golf world watches, LIV Golf is set to continue its schedule, with a focus on putting on compelling shows and growing its global reach.