Sport Business Middle East

LIV Golf Funding Uncertainty

LIV Golf Funding Uncertainty

The future of the breakaway LIV Golf tour is facing renewed scrutiny after CEO Scott O'Neil walked back previous claims of long-term financial security.

While O'Neil insisted the league is 'business as usual' for now, he acknowledged that structural changes may be necessary to raise money in the future.

Reports suggest that Saudi Arabia's sovereign wealth fund is undergoing a 'value realization' phase, potentially leading to a withdrawal of support for the controversial project.

Players are reportedly bracing for a potential shutdown or merger as the 2026 deadline approaches.

LIV Golf
Professional golf tour
Scott O'Neil
International sports executive
Public Investment Fund
Sovereign wealth fund owned by Saudi Arabia
Jon Rahm
Spanish professional golfer
Saudi Arabia
Country in West Asia