LIV Golf CEO Scott O'Neil has alleviated concerns about the series' funding, stating that it is secure for 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 (PIF), has been at the center of speculation regarding its financial future, with reports suggesting that the PIF may withdraw its support. O'Neil downplayed these fears, emphasizing that the league has commitments in place to ensure its viability.
He noted that, like any private equity-funded business, LIV Golf must continually work to create a viable business plan to guarantee its success. The comments come amidst reports of an 'emergency meeting' in New York and speculation about the PIF's potential decision to end its funding. Despite this, O'Neil maintained that the season will proceed as planned, and the league will continue to operate at full capacity. The PIF has not commented on the matter, and no official decision has been made regarding the league's funding.