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LIV GETS FUNDING TO KEEP LEAGUE ALIVE, CEO SAYS

1 min read • 14 mins ago • www.espn.com - TOP • [src]
SOURCE SPECTRUM: ESPN Unrated
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WHAT HAPPENED

According to ESPN.com, LIV Golf has secured outside funding that will allow the league to operate beyond this season. The investment comes from a new, unnamed investor, and the league’s CEO, Scott O'Neil, confirmed the deal in a statement to the media.

ESPN reports that the funding will keep the circuit running into the next year, while Al Jazeera notes the investor is a ‘lead’ backer aiming to build a player‑driven future after the Saudi Arabian exit. O'Neil said the money ensures that LIV Golf can continue to schedule events and attract top talent without interruption.

The move follows the withdrawal of Saudi backing, which had previously underpinned the league’s operations. Securing new capital is therefore critical to LIV Golf’s survival and its continued challenge to the traditional PGA Tour structure.

  • LIV Golf obtained outside investment that will keep the league alive beyond the current season.
  • CEO Scott O'Neil confirmed the funding in a statement to ESPN.com.
  • Al Jazeera reports the new investor is a lead backer focused on a player‑driven future following Saudi Arabia’s exit.

Read the original source for full detail available at www.espn.com - TOP src

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