Despite recent reports suggesting a potential withdrawal of financial backing from Saudi Arabia's sovereign wealth fund, LIV Golf CEO Scott O'Neil has confirmed that the 2026 season will continue as planned. In a memo to staff, O'Neil stated that the season will proceed 'at full throttle' and without interruption, quelling speculation about the league's financial future.
The announcement follows a day of reports indicating that the Public Investment Fund (PIF) was reconsidering its support for LIV Golf, with some sources suggesting that a final decision had not been made. LIV Golf has already spent $5.3bn and is projected to surpass $6bn by the end of the year, according to the newsletter Money in Sport.
The league has faced significant financial investment, including $1bn in signing bonuses for top players such as Bryson DeChambeau, Brooks Koepka, and Phil Mickelson. With its global reach and increased prize money, LIV Golf remains committed to disrupting the status quo in professional golf. As the season progresses, players and fans alike will be watching closely to see how the league navigates its financial future and continues to grow and evolve.