Tranlate this title LIV Golf CEO assures that they will continue in spanish

LIV Golf CEO Scott O’Neil stated that the league has the necessary financial backing to complete the 2026 season.

«The reality is that you have funding for the entire season, and from there, you work tirelessly as a company to create a business and a business plan that allows us to move forward,» O’Neil declared during TNT Sports’ broadcast of the first round, held Thursday in Mexico City. «But that’s no different from any other privately funded business in the history of humankind.»

The league has eight tournaments remaining in its fourth season—five of them in the United States—after this week’s event in Mexico. The next one is LIV Golf Virginia, which will be held at the Trump National Golf Club from May 7-10.

Liv Golf Ceo, stataments

The Financial Times reported earlier this week that Saudi Arabia’s Public Investment Fund, which has poured more than $5 billion into the league since 2022, was poised to cut funding.

O’Neil responded to that report by assuring staff members that the season would proceed “full steam ahead.”

O’Neil put a positive spin on the circuit’s financial situation during his interview on Thursday.

“Given the momentum of this business, we’re really excited about where we are and the position we’re in,” O’Neil said. “…As for this idea of ​​putting teams on the market, I’ve had two calls this morning. This idea of, ‘Do you need to raise funds?’ Probably. That’s the business. But if we maintain the trajectory as we are and the revenue growth, this is going to be a really good business for a long time.”

Spain’s Jon Rahm, one of the players lured away from the PGA Tour and European Tour by lucrative contracts and $30 million in prize money, said he is focusing on golf rather than the rumors circulating about the league’s potential demise.

«For me, there was no point in thinking about it or wasting time dwelling on it,» he said Thursday, according to ESPN. «Because it all happened so suddenly and quickly, I wasn’t too worried because, normally, before the rumors even start, we already know something; there’s always someone within the league who knows something. It happened so fast that I really wasn’t concerned about it.»

France’s Victor Perez led the leaderboard by three strokes, shooting a 62 in Thursday’s opening round at Club de Golf Chapultepec in Mexico City.