Scott O’Neil Provides Update On LIV Golf Future Amid Funding Uncertainty

Scott O’Neil Provides Update On LIV Golf Future Amid Funding Uncertainty

The LIV Golf CEO has addressed concerns that the Saudi Public Investment Fund may not provide backing for the rest of the season

The organization is seeking financial backing following the Saudi Public Investment Fund’s decision to pull out at the end of the current season.

O’Neil appeared on the halftime where he struck an optimistic tone on LIV Golf’s future, despite the current uncertainty.

He covered a range of subjects, including immediate concerns over whether LIV Golf would have the funding to finish the season.

He explained: “Well, I can say that they [PIF] have been terrific partners so far, and you have to take an incredible organization like PIF at their word, and they’ve been very public about funding us through the season, so we are full steam ahead.

“The players are locked in, the management team is locked in, and with advisors like AlixPartners and Gibson Dunn and new board members Gene Davis and Jon Zinman, Ducera is our lead bank, we’re pretty excited about where we are.”

However, amid reports that LIV Golf may not have backing for the rest of the season after all, O’Neil stopped short of guaranteeing that all four of the season’s remaining events, beginning with LIV Golf UK on July 23rd, will take place.

Smith

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