LIV Golf Season to Proceed Uninterrupted Amid Financial Speculation
Despite recent speculation surrounding the financial backing of LIV Golf, CEO Scott O'Neil has assured staff that the 2026 season will continue as planned without interruption. In a memo, O'Neil stated that the league will move forward 'at full throttle,' dispelling rumors of a potential shutdown. The announcement comes after reports emerged that Saudi Arabia's sovereign wealth fund, which bankrolls LIV Golf, was considering cutting its financial support. However, O'Neil's statement aims to quell these rumors, emphasizing the league's commitment to its schedule and growth. The memo was sent to staff after a day of reports suggesting an 'emergency meeting' had taken place in New York to discuss the league's financial future. LIV Golf has already spent $5.3 billion and is projected to surpass $6 billion by the end of the year, according to the newsletter Money in Sport. The league has faced significant financial investments, including $1 billion in signing bonuses for top players such as Bryson DeChambeau, Brooks Koepka, and Phil Mickelson. With its first US tournament scheduled for May, LIV Golf remains focused on its global expansion and disrupting the traditional golf landscape. As the situation continues to unfold, players and fans alike await further developments on the league's financial future.