LIV Golf star Jon Rahm has expressed his lack of concern regarding the future of the breakaway league, despite recent speculation surrounding its financial stability. Rumors have circulated that LIV could face a loss of funding from Saudi Arabia's Public Investment Fund, which has been backing the format.
However, Rahm remains unfazed, stating that he wasn't 'too worried' about the situation. The golfer's comments come after LIV Golf's latest event in Mexico, which experienced technical difficulties due to local power outages. Rahm shot a round of 65, placing second behind Victor Perez.
When asked about the rumors, Rahm said he didn't see the point in worrying until the people in charge confirmed or denied the speculation. LIV Golf executives had an emergency meeting in New York, and the Financial Times reported that Saudi Arabia's Public Investment Fund might cut its support. The newsletter Money in Sport estimated that LIV Golf has already spent $5.3 billion and is projected to surpass $6 billion by the end of the year.
LIV Golf launched in 2022, paying roughly $1 billion in signing bonuses to attract top players like Bryson DeChambeau, Brooks Koepka, and Phil Mickelson. The league has raised its prize money to $30 million this year.
Scott O'Neil, LIV Golf's CEO, is confident about the league's future, citing its revenue growth and sponsorship deals with big brands like Rolex and HSBC. He believes that LIV Golf will continue to evolve and grow the game.
O'Neil also stated that if he were a PGA Tour player, he would want LIV to survive, as it provides good competition and prize purses. LIV Golf started as a series of 54-hole tournaments but switched to 74 holes in 2026 to secure Official World Golf Ranking points. The league has expanded to 13 teams and increased its total prize fund to $30 million. However, it has lost notable players like Brooks Koepka and Patrick Reed in recent months.
Sky Sports News chief correspondent Kaveh Solhekol believes that Saudi Arabia is reevaluating its investment in sports, focusing on a more business-oriented approach. Solhekol thinks that Saudi Arabia will continue to invest in sports like football, Formula 1, and golf but will do so in a more sensible and strategic manner.