LIV Golf CEO talks future amid financial challenges before Indianapolis tournament

LIV Golf held an update session led by CEO Scott O’Neil as the league approaches its final event of 2026 in Indianapolis. O’Neil discussed efforts to move beyond past friction in the sport and announced plans for a 'LIV 2.0', a player-owned tour with international events. However, LIV continues to face significant financial hurdles due to a funding cut from its backer, the Saudi Arabian Public Investment Fund. The situation has prompted the cancellation of its Michigan team event and a reduction in the Indianapolis championship purse by nearly half. O'Neil indicated that finalizing a deal with a lead investor is expected in September, which could bolster the league’s finances going forward.

• 6:39 PMYahoo Sports — LIV CEO says league is ready for 2.0. First, it has to survive 1.0