Field Level Media
10 Jun 2026, 04:10 GMT+10
(Photo credit: Raymond Carlin III-Imagn Images)
LIV Golf CEO Scott O'Neil cannot guarantee that the Saudi Arabia Public Investment Fund would fund the remainder of the league's 2026 season, but he said LIV was glad to take the investors at their word.
O'Neil was interviewed on CNBC Tuesday, several weeks after the PIF confirmed they were pulling funding from the five-year-old golf circuit after this year.
'I can say they've been terrific partners so far, and you have to take an incredible organization like PIF at their word,' O'Neil said. 'They've been very public about funding us through the season, so we are full steam ahead.'
O'Neil was pressed on recent reports that LIV's final four events this season may not go on as planned as PIF ponders pulling its funding even sooner. One tournament, LIV Golf Louisiana, was scheduled for the final week of June but was postponed not long after the initial news about PIF.
With PIF backing away and its governor Yasir Al-Rumayyan stepping down as LIV Golf's chairman, the league has begun wooing new investors, reportedly seeking around $250-350 million in investment capital to kickstart a 'LIV 2.0' plan.
O'Neil, a longtime sports executive in his second year as LIV's CEO, was asked directly whether he could guarantee the final four events in England, New Jersey, Indianapolis and Michigan will take place this summer.
'What I can guarantee is a heck of a return if you come invest in this business,' O'Neil replied.
O'Neil went on to say that he feels LIV has 'incredible business momentum.
'What we don't have is a lot of time, so we're very urgently out there talking to those who are interested,' he said.
With the Louisiana event postponed, LIV Golf has a six-week hole in the schedule this summer before it's set to return at LIV Golf UK from July 23-26.
--Field Level Media
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationBOSTON, Massachusetts: A federal judge has invalidated a $100,000 fee imposed by President Donald Trump on new H-1B visas, ruling that...
DUBAI/JERUSALEM: Iran and Israel said on June 8 that they had stopped attacking each other after U.S. President Donald Trump urged...
MUZAFFARABAD, PoJK: Clashes in Pakistan-occupied Jammu and Kashmir ahead of a protest planned for June 9 left 11 people dead and more...
UNITED NATIONS: The U.N.'s food agency says the Iran war is pushing millions more people into serious hunger, as it had warned would...
RIO DE JANEIRO, Brazil: Airline executives from around the world are meeting in Rio de Janeiro this weekend amid growing concerns that...
TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...
BOSTON, Massachusetts: A federal judge has invalidated a $100,000 fee imposed by President Donald Trump on new H-1B visas, ruling that...
(Photo credit: Raymond Carlin III-Imagn Images) LIV Golf CEO Scott O'Neil cannot guarantee that the Saudi Arabia Public Investment...
(Photo credit: Aaron Doster-Imagn Images) After its primary sponsor declined to pick up its contract option for 2027, The PGA Tour's...
(Photo credit: Amber Searls-Imagn Images) Team USA captain Hilary Knight is joining the PWHL team in Detroit through a sign-and-trade...
PNN New Delhi [India], June 9: Steelcase India has announced the launch of its new 'Made in India' Fabric Collection, a locally curated...
(Photo credit: The Columbus Dispatch-USA TODAY NETWORK) The Edmonton Oilers are nearing a deal with Mike Babcock to become the team's...
