LIV Golf CEO Scott O’Neil remains confident in PIF support despite financial uncertainty

Juan José Saldaña
June 10, 2026

The financial stability of LIV Golf has once again become a topic of discussion. As concerns grow over the future of the financial backing provided by the Saudi Arabia Public Investment Fund (PIF), the league is facing one of the most delicate moments since its creation. Amid rumors of a possible early withdrawal of Saudi funding, the organization’s chief executive officer, Scott O’Neil, has chosen to project confidence and assure stakeholders that the project continues to move forward in line with the commitments made by its key partners.

The executive’s remarks come at a time when ensuring the league’s operational continuity beyond 2026 has become a pressing issue. While the PIF has been the financial engine that allowed LIV Golf to establish itself in the professional golf landscape, recent reports regarding the end of its funding have forced the organization to accelerate its search for new investors and rethink its long-term sustainability strategy.

Scott O’Neil maintains confidence in PIF’s commitment

During an interview with CNBC, Scott O’Neil stated that the organization continues to trust the word of the Saudi Public Investment Fund. The executive highlighted the relationship built between the two parties since LIV Golf’s inception and described the PIF as a transparent and committed partner in the development of the tour. According to O’Neil, the support received so far allows the league to continue operating normally while the current season unfolds.

However, uncertainty remains. Recent reports suggest that funding could be withdrawn earlier than expected, raising questions about the league’s ability to complete its remaining tournaments. Although O’Neil declined to provide absolute guarantees regarding the final events on this year’s schedule, he emphasized that players, executives, and advisors remain fully committed to the project and focused on maintaining competitive operations.

The search for new investors becomes a priority

With the financial outlook becoming increasingly challenging, LIV Golf has launched an intensive round of discussions with potential investors. The organization is seeking to raise up to $350 million to strengthen its operations and build an economic structure that is less dependent on a single source of funding. This strategy represents a key step toward ensuring the tour’s long-term viability in a highly competitive and constantly evolving sports market.

O’Neil acknowledged that the challenge now lies in creating value in a sustainable way. According to the executive, the league must exercise financial discipline while developing new commercial strategies that capitalize on the brand’s growth and the continued interest it generates among fans, sponsors, and industry stakeholders. In that context, he revealed that he has already held several meetings with potential financiers and has a packed schedule of additional discussions, reflecting the urgency with which LIV Golf is working to secure its financial future.