{"id":612958,"date":"2026-04-17T13:12:10","date_gmt":"2026-04-17T13:12:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/612958\/"},"modified":"2026-04-17T13:12:10","modified_gmt":"2026-04-17T13:12:10","slug":"liv-golf-facing-uncertainty-as-pif-funding-only-guaranteed-till-season-end","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/612958\/","title":{"rendered":"LIV Golf facing uncertainty as PIF funding only guaranteed till season end"},"content":{"rendered":"<p class=\"c-paragraph sections-leagues-and-governing-bodies \">LIV Golf players and staff have been told that the Saudi funding is \u201conly guaranteed until the end of the season,\u201d leading to \u201cfears that the breakaway circuit will have to look for outside investment to remain in operation.\u201d <a href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2026\/04\/16\/liv-golfs-long-term-future-still-in-serious-doubt-despite-2026-commitment\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2026\/04\/16\/liv-golfs-long-term-future-still-in-serious-doubt-despite-2026-commitment\/\">LIV Golf<\/a> CEO Scott O\u2019Neil insisted in his message to the staff that it was \u201cbusiness as usual\u201d and that the \u201cseason continues at full throttle.\u201d However, after previously claiming that PIF had assured finance until at least 2032, O\u2019Neil this time did \u201cnot mention a timeline.\u201d But it is understood that in private, it was revealed that this funding has \u201conly been confirmed for the remaining eight events of this year\u201d (<a href=\"https:\/\/www.telegraph.co.uk\/golf\/2026\/04\/16\/saudi-liv-cash-deadline-fears-of-needing-outside-investment\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.telegraph.co.uk\/golf\/2026\/04\/16\/saudi-liv-cash-deadline-fears-of-needing-outside-investment\/\">London TELEGRAPH, 4\/16<\/a>).<\/p>\n<p class=\"c-paragraph sections-leagues-and-governing-bodies \">O\u2019Neil said that LIV Golf is \u201cpreparing to make structural changes that \u2018might surprise some people.\u2019\u201d He said, \u201cI talked about some structural changes. They\u2019re coming.\u201d O\u2019Neil: \u201cI rolled out the plan. We have one, and it is &#8230; it might surprise some people.\u201d The Saudi PIF is estimated to have spent around $5B on LIV Golf. But at a five-year plan presentation this week it said that it would \u201cfocus on \u2018increasing the efficiency of investments.\u2019\u201d O\u2019Neil said Thursday that the LIV Golf tour \u201cwould \u2018probably\u2019 have to raise money\u201d (<a href=\"https:\/\/sports.yahoo.com\/articles\/embattled-liv-golf-surprise-changes-001111600.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/sports.yahoo.com\/articles\/embattled-liv-golf-surprise-changes-001111600.html\">YAHOO SPORTS, 4\/16<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"LIV Golf players and staff have been told that the Saudi funding is \u201conly guaranteed until the end&hellip;\n","protected":false},"author":2,"featured_media":612959,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[566],"tags":[64,63,755,14239,85,2261],"class_list":{"0":"post-612958","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-golf","8":"tag-au","9":"tag-australia","10":"tag-golf","11":"tag-liv-golf","12":"tag-sports","13":"tag-sustainability"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/612958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=612958"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/612958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/612959"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=612958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=612958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=612958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}