Jon Rahm, a key figure in LIV Golf, has expressed his lack of concern regarding the breakaway league's financial future, despite speculation surrounding its backing from Saudi Arabia's Public Investment Fund. Recent rumors suggested that LIV could lose its funding, as the PIF unveiled a new investment strategy without mentioning future support for LIV Golf.
However, Rahm remains calm, stating that he wasn't "too worried" about the situation. The golfer's comments came after he shot a 65 in the LIV Mexico tournament, placing him second behind Victor Perez. Rahm emphasized that he wouldn't waste time thinking about the rumors until he received confirmation from those in charge.
LIV Golf has been plagued by financial concerns, with reports indicating that the league has already spent $5.3 billion and is projected to surpass $6 billion by the end of the year. Despite this, CEO Scott O'Neil remains optimistic, citing the league's revenue growth and sponsorship deals with major brands like Rolex and HSBC. O'Neil believes that LIV Golf will continue to evolve and grow, with plans to blend its format with national opens around the world.
The Saudi-backed league has been a topic of discussion in the golf world, with some players defecting from the PGA Tour to join LIV Golf. While there are concerns about the league's future, Rahm and O'Neil remain confident that LIV Golf will survive and thrive.