LIV Golf CEO Scott O'Neil has alleviated concerns regarding the series' financial stability, stating that it is 'funded through the season' and that the organization will 'work tirelessly' to ensure its continuation. This comes amidst speculation that Saudi Arabia's Public Investment Fund (PIF), the primary backer of the breakaway golf league, may withdraw its financial support. The speculation has been fueled by reports suggesting that the PIF is reconsidering its investment, which has been estimated to be around $5 billion since the series' inception in 2021.
O'Neil's comments were in response to remarks made by Sergio Garcia, a LIV team captain, who alluded to funding being secured until 2030. O'Neil emphasized that the series has commitments in place to ensure its continuation and that it is not uncommon for private equity-funded businesses to operate in this manner. The PIF has not commented on the matter, and no official decision has been made regarding the future of the series. Meanwhile, LIV Golf players, including Ryder Cup star Jon Rahm, have expressed their confidence in the series' future, with Rahm stating that he is 'not too worried' about the speculation.