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 Wednesday in response to reports that the public investment fund will no longer use its resources for the league.

Sources told Pakinomist Digital that the Saudis will stop funding LIV after the 2026 season.

“Team(s) following up on my previous message, which I realize may have led to some confusion about where we stand as a company,” O’Neil wrote in a memo obtained by Pakinomist Digital.

“I want to be crystal clear: our season will continue exactly 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 on July 31, 2022 in Bedminster, NJ (Charles Laberge/LIV Golf)

“While the media landscape is often filled with speculation, our reality is defined by the work we do on the grass. We are moving into the heart of our 2026 schedule with the full energy of an organization that is bigger, louder and more influential 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 each time with resilience and grace. Now we’re responding by doing what we do best: delivering the most compelling show in sports.”

The LIV Golf logo during the LIV Golf Invitational Series on July 29, 2022 at Trump National Golf Club in Bedminster, NJ (Rich Graessle/Icon Sportswire)

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O’Neil then praised LIV golfers for contending at the Masters, noting that Tyrell Hatton finished third and hyping Bryson DeChambeau and Jon Rahm as the faces of the league.

“To the teams in New York, London and those on the ground here with me in Mexico: lean into this moment,” O’Neil continued.

“The noise you hear is simply the sound of a movement working. Embrace it. We are pioneers, and even if the road is not always 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 mattered. Now let’s win.”

“Long Live Golf.”

LIV started in 2022 and has produced two major winners in Brooks Koepka, who has since joined the PGA Tour, at the 2023 PGA Championship, and DeChambeau at the 2024 US Open. They are currently playing in Mexico City.

Scott O’Neil attends LIV Golf South Africa at The Club at Steyn City in Johannesburg on 22 March 2026. (Johan Rynners/Getty Images)

LIV Golf switched from its 54-hole format, a draw for golfers who defected from the PGA Tour, to 72 at the beginning of this season. Patrick Reed is also set to join the tour again.

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