LIV Golf CEO O'Neil Addresses Funding Concerns

LIV Golf's CEO, Scott O'Neil, has downplayed concerns about the series' funding, stating that it is financed through the current season and that the organization will work diligently to ensure its continuation. The breakaway golf league, backed by Saudi Arabia's Public Investment Fund, has been at the center of speculation regarding its financial future, with reports suggesting that the PIF may withdraw its support. O'Neil's comments came in response to remarks made by Sergio Garcia, a LIV team captain, who alluded to funding being in place until 2030. Despite the speculation, O'Neil emphasized that the series has commitments in place to ensure its viability and that it will operate like any other private equity-funded business. The PIF has not commented on the matter, and no official decision has been made regarding the league's funding. The situation has sparked confusion among some LIV Golf players, with Ryder Cup star Jon Rahm stating that he is 'not too worried' about the league's future.