LIV Golf CEO Addresses Funding Concerns Amid Speculation

LIV Golf CEO Scott O'Neil has downplayed concerns about the series' funding, stating that it is "funded through the season" and that the organization will "work tirelessly" to ensure its continuation. The comments come amid speculation that the Saudi-backed league's financial support may be withdrawn. The breakaway golf league, which was launched in 2021 as a rival to the PGA Tour and DP World Tour, has been the subject of rumors regarding its funding, with reports suggesting that the Public Investment Fund (PIF) of Saudi Arabia may end its backing. O'Neil's remarks were made in response to comments from LIV team captain Sergio Garcia, who alluded to funding being in place until 2030. O'Neil emphasized that the organization has commitments in place to ensure its continued operation and that it is working to create a sustainable business plan. The PIF has not commented on the matter, and no official decision has been made regarding the league's funding. The speculation has caused confusion among some LIV Golf players, with Ryder Cup star Jon Rahm stating that he is "not too worried" about the league's future.