LIV Golf CEO Scott O'Neil has alleviated concerns about the series' financial backing, stating that it is funded for the current season and will continue to work diligently to ensure its longevity. 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, which has been estimated to be around $5 billion since the series' inception in 2021. O'Neil addressed these concerns, saying, 'We have commitments to keep this going, and the reality is that you're funded through the season, and then you work like crazy to create a business plan to keep us going.' Earlier in the week, O'Neil informed LIV staff that the season would proceed as planned, without any interruptions.
The PIF has not commented on the matter, and O'Neil's comments came after reports emerged of an 'emergency meeting' in New York, where LIV Golf executives were allegedly summoned to discuss the league's future. Despite these rumors, some LIV Golf players, including Jon Rahm, have expressed that they are not overly concerned about the league's future, with Rahm stating that he was 'not too worried' and would wait for official confirmation before speculating about the situation.