LIV Golf CEO Scott O’Neil issues statement on the future of the league and makes ‘clickbait’ claim
Photo by Hector Vivas/Getty Images LIV Golf CEO Scott O’Neil came out fighting in response to claims that the league could soon fold, or at the very least, lose funding from Saudi Arabia’s PIF. Rumors began circulating on Tuesday that the LIV Golf league was set to fold with their Saudi backers considering the prospect of backing out of funding the project. LIV Golf began in 2022, with many of the biggest stars jumping ship from the PGA Tour to join them, including the likes of Bryson DeChambeau, Phil Mickelson and one year later, Jon Rahm.
The current LIV Golf situation has been described as ‘a mess’ , with the players apparently in the dark over what is actually going on. While one claim suggested that ‘LIV Golf has been plunged into total anarchy’ . The Financial Times report that Saudi Arabia’s PIF could cut their support for LIV Golf at the end of the 2026 season.
Photo by Isaiah Vazquez/Getty Images But what is really going on? LIV Golf CEO Scott O’Neil has finally spoken out on the matter… LIV Golf CEO Scott O’Neil makes statement about the league’s future O’Neil sat down for an interview with LIV commentator, Arlo White, during the event in Mexico on Thursday, and responded when asked about the claims that LIV Golf could be about to fold. “ You know, having been in private equity now for over a dozen years, this is the process you go through, and sometimes it’s not smooth, and sometimes it’s not easy, “ O’Neil said.
“ But I can tell you, given the momentum of this business, we’re really excited about where we are and the position where we are. “ This notion of secret meetings, and, you know, getting summoned to New York. “ I live in New York, so it’s easy to summon myself there.
“ But, you know, it’s a lot of reaching and grabbing for headlines and clickbait and stories. “ For us, it’s like, we’re business as usual, but if you want to ask me if this business is tough, I would say, ‘absolutely’. “ If you ask me that if we were managed very, very tightly, I would say, ‘absolutely’.
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