LIV Golf seeks $300 million in new funding amid uncertainty
2 sources • 1 min read • Latest: Jun 12, 2026, 12:30 PM
Last updated Jun 12, 2026
LIV Golf's CEO Scott O'Neil is urgently seeking $300 million from investors to support the league through 2027 and beyond. With only 46 days between events, O'Neil indicated that this period is critical due to the Saudi Arabian investment fund ceasing financial support after spending $6 billion since 2022. He has had five formal meetings and plans eighteen more, aiming for a restructured, financially disciplined business model. LIV Golf's future events may be at risk without this funding, and the league plans to engage players as equity partners to ensure stability moving forward.
- •Scott O'Neil seeks $300 million in funding for LIV Golf.
- •The league must secure funds before upcoming events in England.
- •Saudi fund will stop financial support at the end of the year.
- •O'Neil emphasizes a need for a new business model.
- •Initial investor meetings have shown positive response.
- 12:30 PMYahoo Sports — Scott O’Neil says up to 12 investors could save LIV Golf
- 9:10 PMYahoo Sports — LIV Golf's CEO Scott O'Neil now racing the clock as he seeks new funding
"LIV Golf has 46 days between the end of a tournament in Spain and the next one in England, and it could be the most important stretch of the season for CEO Scott O'Neil. O'Neil is pushing “LIV 2.0” and seeking some $300 million from outside investors to keep the league going in 2027 and beyond. “I've had five meetings, formal meetings, so far,” O'Neil said.
"LIV Golf CEO Scott O’Neil says several different financial rescue packages are on the table for the embattled tour. LIV has been urgently seeking funding since the Saudi Public Investment Fund (PIF), who have sunk over $5bn into the project, announced that they would cease funding the would-be rival for the PGA Tour after the climax of the 2026 season.
Sources
External links- Yahoo SportsJun 12, 2026, 12:30 PMScott O’Neil says up to 12 investors could save LIV Golf
LIV Golf CEO Scott O’Neil says several different financial rescue packages are on the table for the embattled tour. LIV has been urgently seeking funding since the Saudi Public Investment Fund (PIF), who have sunk over $5bn into the project, announced that they would cease funding the would-be rival for the PGA Tour after the climax of the 2026 season.
- Yahoo SportsJun 9, 2026, 9:10 PMLIV Golf's CEO Scott O'Neil now racing the clock as he seeks new funding
LIV Golf has 46 days between the end of a tournament in Spain and the next one in England, and it could be the most important stretch of the season for CEO Scott O'Neil. O'Neil is pushing “LIV 2.0” and seeking some $300 million from outside investors to keep the league going in 2027 and beyond. “I've had five meetings, formal meetings, so far,” O'Neil said.
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