LIV CEO excited by 'likely' PIF investment in PGA Tour Enterprises

FILE PHOTO: A view shows the logo of PGA Tour during the Canadian Open’s Championship Pro-Am after news was released of a new partnership between the PGA Tour and Saudi-backed LIV Golf circuit, at Oakdale Golf and Country Club in Toronto, Ontario, Canada June 7, 2023. REUTERS/Nick Lachance/File Photo

Scott O'Neil, newly on the job as LIV Golf's chief executive officer, is taking an optimistic view on his circuit's future.

The Public Investment Fund of Saudi Arabia, LIV's financial backer, is "likely to make an investment in PGA Tour Enterprises," O'Neil said Wednesday.