LIV Golf ‘business as usual’ but chief admits rebel tour may need to raise money

• Scott O’Neil rejects claims LIV is close to collapse

• ‘Structural changes’ afoot, chief executive says

LIV Golf chief executive Scott O’Neil admitted the nascent golf league’s finances are “managed very tightly” and said structural changes are on the way that would probably mean they need to raise money, but he remained adamant the league will not fold.

He was interviewed by LIV employees during the TV broadcast of the first round of the rebel tour’s Mexico City leg, a day after reports that Saudi Arabia’s Public Investment Fund was to cut its funding for the league it helped launch in 2022.