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LIV Golf's Future Hangs in Balance

ESPN General •
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LIV Golf CEO Scott O'Neil refused to guarantee the circuit's final four tournaments will be played, raising concerns about the league's financial stability. Amid reports that Saudi Arabia's Public Investment Fund might not last through the 2026 season, O'Neil acknowledged $350 million in new capital is needed to replace the PIF funding, which totals more than $6 billion.

O'Neil told CNBC that while the league is "full steam ahead" with players and management teams locked in, he stopped short of assuring the remaining schedule would be completed. The next LIV event starts July 23 in England, followed by three U.S. tournaments in August. Every remaining tournament is on the fence, according to a partner executive cited by Front Office Sports.

The LIV CEO has held five meetings with prospective investors and scheduled 18 more as the league attempts to raise emergency funding. O'Neil described a future with "very disciplined approach" to cutting expenses but offered no concrete timeline for resolving the financial uncertainty. The league's survival depends on securing new capital before current funds expire.