LIV Golf's CEO, Scott O'Neil, has downplayed concerns about the series' funding, stating that it is financially secure for the current season and that the organization is working diligently to ensure its long-term viability. 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. O'Neil's comments came in response to rumors sparked by LIV team captain Sergio Garcia's remarks about funding being in place until 2030.
O'Neil emphasized that the series is committed to continuing as planned, with a focus on creating a sustainable business model. The PIF has not commented on the matter, while LIV Golf players, including Jon Rahm, have expressed confidence in the series' future. Despite reports of an 'emergency meeting' and potential funding cuts, O'Neil remains optimistic about LIV Golf's prospects, drawing comparisons to other private equity-funded businesses.