LIV Golf Funding Uncertainty

O'Neil attempted to project confidence by stating that the league is currently 'business as usual' and has a plan that might surprise the industry.

However, the lack of a multi-year funding commitment has emboldened critics who have long argued that the project is unsustainable.

LIV Golf is also facing a new lawsuit from a rival league, adding to its mounting legal and financial challenges.

The uncertainty comes as Saudi Arabia reportedly pivots its sports investment focus toward other global markets like cricket.