LIV Golf CEO sends memo after reports Saudis will stop funding league
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LIV Golf CEO Scott O’Neil sent a memo to his staff on Wednesday in response to news that the Public Investment Fund would no longer use its resources for the league.
Sources told Fox News Digital that the Saudis will stop funding LIV after the 2026 season.
“Team, following up on my previous message, I realize this may have led to confusion about where we are as a business,” O’Neil wrote in a memo obtained by Fox News Digital.
“I want to be clear: Our season is continuing as planned, uninterrupted and at full throttle.
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Donald Trump; His Excellency Yasir Al Rumayyan; Greg Norman, CEO and commissioner of LIV Golf; and Majed Al Sorour, CEO of the Saudi Golf Federation, at the LIV Golf Invitational – Bedminster at Trump National Golf Club Bedminster in Bedminster, NJ on July 31, 2022 (Charles Laberge/LIV Golf)
“Although the media environment is often full of speculation, our reality is determined by the work we do on the grass. We are moving towards the heart of our 2026 program with all the energy of a bigger, louder and more effective organization than ever before.
“The life of a startup movement is often defined by these moments of pressure. We signed up for this because we believe in disrupting the status quo. We’ve faced headwinds since the jump, and we’ve responded with resilience and grace each time. Now we’re responding by doing what we do best: putting on the most compelling spectacle in sports.”
LIV Golf logo during the LIV Golf Invitational Series at Trump National Golf Club in Bedminster, NJ on July 29, 2022 (Zengin Graessle/Icon Sportswire)
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O’Neil then praised the LIV golfers for competing at the Masters, noting Tyrell Hatton’s third-place finish and excited Bryson DeChambeau and Jon Rahm as the faces of the league.
O’Neil continued: “To the teams in New York, London and those on the field with me in Mexico: seize this moment.”
“The noise you hear is just the sound of a movement at work. Embrace it. We are pioneers, and while the road may not always be smooth, the destination is worth every mile. Let’s go out and show the world why LIV Golf is the future of the game. It matters. You matter. Now let’s go win.”
“Long LIFE Golf.”
LIV started in 2022 and has produced two major winners with PGA Tour rejoiner Brooks Koepka at the 2023 PGA Championship and DeChambeau at the 2024 US Open. They are currently playing in Mexico City.
Scott O’Neil joined LIV Golf South Africa at The Club at Steyn City in Johannesburg on 22 March 2026. (Johan Rynners/Getty Images)
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LIV Golf has moved from its 54-hole format, which attracted golfers leaving the PGA Tour, to a 72-hole format as of this season. Patrick Reed is also expected to rejoin the tour.
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