When asked about reports that LIV Golf’s loss of funding may result in a premature end to the 2026 season, O’Neil told CNBC that LIV Golf players, management and advisers are “locked in.”
Reports and speculation about the professional golf league’s shutdown have swirled for weeks as Saudi Arabia’s Public Investment Fund has distanced itself from LIV.
Reports and rumors circulated on Wednesday that the Saudi Public Investment Fund could soon pull funding from the PGA Tour competitor.
With a record-breaking $7 million rookie debut, a “Coachella-meets-Masters” hospitality pivot, and ambitious plans to acquire its own golf course, Ripper GC has officially moved past the “startup” phase.
LIV Golf’s spending spree has seemingly come to an end, but the PGA Tour is chipping in record purses, helping the sport’s 10 top earners score $612 million over the past year.
The breakaway golf league isn’t going anywhere, with the South Australian government striking a new deal with LIV Golf, securing its only Australian stop through 2031.
The league, which is bankrolled by the Saudi sovereign wealth fund and shares close ties with President-elect Donald Trump, will air across Fox properties including the flagship Fox channel, FS1 and Fox Business.
Already 43rd on the Forbes list of the world’s highest-paid athletes and fifth among golfers, Cam Smith is at the forefront of a sport in flux.
LIV golf is hitting up Adelaide for the second year, on the back of a hugely successful tournament in 2023. In 2024, a $39-million purse on the line. Here is everything you need to know about Australia’s newest golf tournament.
The Saudi official, who also sits on Uber’s board of directors and chairs Newcastle United, has been described as a “technocrat” who executes the “vision” of the country’s de facto ruler, Mohammed bin Salman.