LIV CEO Lays Out Plans To Keep League Alive

LIV Golf is preparing for a potential U.S. bankruptcy filing if it cannot secure new funding, according to sources familiar with the situation. The golf league is actively seeking capital after its primary financial backer, Saudi Arabia's Public Investment Fund, withdrew its support. Scott O'Neil, CEO of LIV Golf, discussed the league's future on "Bloomberg Deals," indicating the urgency of the fundraising efforts. The league's financial stability is contingent on its ability to attract new investors or secure alternative funding sources to continue operations. Without this financial infusion, the organization faces significant challenges in maintaining its league and operations.