LIV Golf CEO Scott O'Neil has moved to alleviate concerns about the league's financial future, stating that the 2026 season will proceed as planned without interruption. This comes after a day of reports suggesting that Saudi Arabia's sovereign wealth fund may be reconsidering its financial backing of the league. O'Neil's statement aimed to quell speculation, emphasizing that the season will continue 'at full throttle.' The memo followed reports of an 'emergency meeting' in New York and speculation about the league's financial stability. Despite the uncertainty, LIV Golf has continued to promote its events, including the upcoming tournament in Mexico.
The league has faced significant financial investments, with reports suggesting that it has already spent $5.3 billion. The future of the league remains uncertain, with questions about the long-term funding and the impact of the US-Israel war against Iran on Saudi Arabia's investment priorities. Players, including Sergio Garcia, have expressed their commitment to the league, citing the support of Yasir Al-Rumayyan, the LIV Golf chairman. The situation remains fluid, with LIV Golf promoting its events and emphasizing its resilience in the face of speculation.