LIV Golf CEO Scott O'Neil says the rival golf league has reached an agreement with a lead investor, giving the organization a path to continue planning for another season.
The investor was not identified in the announcement. O'Neil said the arrangement would allow LIV Golf to move forward without financial backing from Saudi funding, a significant change in the league's stated direction.
The proposed structure would also make LIV Golf players major equity holders. The announcement places ownership and the league's longer-term business plans at the center of its preparations for the next season.
