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As LIV Golf faces a Saudi funding cliff, CEO says to take PIF 'at their word'

CNBC · Jun 9, 2026, 5:33 PM

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  • "I can say they've been terrific partners so far, and you have to take an incredible organization like PIF at their word," O'Neil said.
  • PIF is set to pull its funding from the golf league at the end of 2026 schedule, CNBC reported in late April.

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LIV Golf CEO Scott O'Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi Arabia's Public Investment Fund will back the golf venture through the rest of the season as it's promised.

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