LIV Golf CEO Scott O'Neil has dismissed concerns about the series' funding, stating that it is 'funded through the season' and that they will 'work tirelessly' to ensure its continuation. The breakaway golf league, backed by Saudi Arabia's Public Investment Fund, has been at the center of speculation regarding its financial future, with reports suggesting that the PIF may withdraw its support. The league's inception in 2021 sent shockwaves through the golfing world, positioning itself as a rival to the PGA Tour and DP World Tour. Speculation has been mounting that the PIF is set to end its backing, which is reported to be approaching $5 billion since the series was launched.

O'Neil's comments came after LIV team captain Sergio Garcia alluded to funding being in place until 2030. O'Neil emphasized that the league has commitments in place to ensure its continuation and that it is not unusual for private equity-funded businesses to work towards creating a sustainable business plan. Earlier in the week, O'Neil informed LIV staff that the season would proceed as planned, without making any reference to the future beyond this season.

The PIF has not commented on the matter, while reports have emerged suggesting that LIV Golf executives were summoned to an emergency meeting in New York. The Financial Times reported that the PIF is on the cusp of ending funding to the league, although no official decision has been made.

The reports surfaced after the PIF announced its four-year strategy, with governor Yasir Al Rumayyan stating that some deals and investments were being reviewed due to economic feasibility or the ongoing conflict in the Middle East. Some LIV Golf players have expressed confusion and concern over the reports, seeking reassurances from league chiefs. However, Ryder Cup star Jon Rahm stated that he is 'not too worried' about LIV's future, adding that he was focused on preparing for the tournament.

The ongoing LIV event in Mexico City has proceeded without any disruptions, despite a broadcasting hiccup on Thursday.