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LIV Golf CEO Scott O'Neil confirmed reports that nan Saudi Arabian Public Investment Fund will extremity giving money to nan play convention aft this season.
However, O'Neil told TNT Sports that he has a "plan" that "might astonishment immoderate people."
"The reality is you're funded done nan play and past you activity for illustration crazy arsenic a business to create a business and a business scheme to support america going. But that's not different from immoderate different backstage equity-funded business successful nan history of man," O'Neil said up of nan golf tour's adjacent arena successful Mexico City connected Thursday.
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Scott O'Neil attends a property convention successful Johannesburg to denote LIV Golf's return successful 2027 connected March 22, 2026. (Johan Rynners/Getty Images)
Despite nan uncertainty, O'Neil is taking nan situation caput on.
"How we spell guardant is what I'm really excited about. I talked astir immoderate structural changes - they're coming. You tin inquire conscionable astir nan 50 group I met astatine Augusta, I rolled retired nan plan. We person one, it mightiness astonishment immoderate people..." he said.
"This conception of, 'Do you person to raise money?' Probably. This is business. But if we support nan trajectory going nan measurement we are and nan gross maturation going, this is going to beryllium a really bully business for a really agelong time."
Sources told Fox News that nan Saudis will stop backing LIV after nan 2026 season. The Financial Times was nan first to study nan news.
O'Neil wrote a memo to LIV employees obtained by Fox News Digital that confirmed that nan play was going to spell "exactly arsenic planned, uninterrupted, and afloat throttle."
Scott O'Neil during time 4 of LIV Golf South Africa astatine The Club astatine Steyn City successful Johannesburg connected March 22, 2026. (Johan Rynners/Getty Images)
GOLF ANALYST BRANDEL CHAMBLEE RIPS LIV GOLF AS REPORTS FUEL SPECULATION ABOUT ITS FUTURE: 'LAME-BRAINED TOUR'
"While nan media scenery is often filled pinch speculation, our reality is defined by nan activity we do connected nan grass. We are heading into nan bosom of our 2026 schedule pinch nan afloat power of an statement that is bigger, louder, and much influential than ever before," O'Neil wrote.
"The life of a startup activity is often defined by these moments of pressure. We signed up for this because we judge successful disrupting nan position quo. We person faced headwinds since nan jump, and we’ve answered each clip pinch resilience and grace. Now, we reply by doing what we do best: putting connected nan astir compelling show successful sports."
"The sound you perceive is simply nan sound of a activity that is working. Embrace it. We are pioneers, and while nan roadworthy isn’t ever smooth, nan destination is worthy each mile," he said. "Let’s spell retired and show nan world why LIV Golf is nan early of nan game. It matters. You mattered. Now, let’s spell win.
"Long LIV Golf."
LIV began successful 2022 and has produced 2 awesome winners successful Brooks Koepka, who has since rejoined nan PGA Tour, astatine the 2023 PGA Championship, and DeChambeau astatine nan 2024 U.S. Open.
(L-R) Former U.S. President Donald Trump, his excellency Yasir Al Rumayyan, Greg Norman, CEO and commissioner of LIV Golf, and Majed Al Sorour, CEO of Saudi Golf Federation, are seen connected shape during time 3 of nan LIV Golf Invitational - Bedminster astatine Trump National Golf Club Bedminster connected July 31, 2022 successful Bedminster, New Jersey. (Charles Laberge/LIV Golf)
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LIV Golf shifted from its 54-hole format, a tie for golfers defecting from nan PGA Tour, to 72 opening this season. Patrick Reed is also set to rejoin nan PGA Tour.
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