LIV Golf has secured a “lead investor” to safeguard its existence until 2030, although the agreement is unlikely to prevent a batch of high-profile players departing by the end of this year.
Scott O’Neil, LIV’s chief executive, announced basic plans for the “next generation” of the tour on Wednesday while refusing to disclose the new funders of the business. After the withdrawal of backing from Saudi Arabia’s Public Investment Fund, O’Neil has been engaged in a race against time to save his business.
