O\u2019Neil insisted in his message to the staff that it was business as usual and that \u201cour season continues at full throttle\u201d. However, after previously claiming that PIF had assured finance until at least 2032, O\u2019Neil this time did not mention a timeline. But it is understood that in private, it was revealed that this funding has only been confirmed for the remaining eight events of this year.<\/p>\n
There has been conjecture that O\u2019Neil and his management group would then have to seek backing from other sources. And considering the huge outlays by PIF and the minimal returns so far, that would paint a bleak picture for LIV\u2019s long-term future.<\/p>\n
This speculation was only elevated by the comments of Yasir Al-Rumayyan, the LIV chairman, who is also the PIF governor as well as the Newcastle United chairman. Asked by Saudi-owned television channel Al Arabiya if the Iran war would affect the PIF\u2019s investments, he replied that it had reviewed \u201call investments and deals because of war or other reasons\u201d.<\/p>\n
\u201cI can\u2019t tell you I will cancel this investment or get into another investment,\u201d he added. \u201cIt is a dynamic [situation] with or without war. But of course the war would add more pressure to reposition some priorities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"O\u2019Neil insisted in his message to the staff that it was business as usual and that \u201cour season…\n","protected":false},"author":2,"featured_media":535389,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,59649,5386,217,101,5438,56,54,55,157732],"class_list":{"0":"post-535388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-golf","8":"tag-golf","9":"tag-liv-golf-invitational-series","10":"tag-saudi-arabia","11":"tag-sport","12":"tag-sports","13":"tag-standard","14":"tag-uk","15":"tag-united-kingdom","16":"tag-unitedkingdom","17":"tag-us-content"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/535388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=535388"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/535388\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/535389"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=535388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=535388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=535388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}