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Yasir Al-Rumayyan

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As LIV Golf faces a Saudi funding cliff, CEO says to take PIF 'at their word'

LIV Golf CEO Scott O'Neil told CNBC Tuesday that as a funding cliff approaches, the organization has to trust Saudi Arabia's Public Investment Fund will back the golf venture through the rest of the season as it's promised. "I can say they've been terrific partners so far, and you have to take an incredible organization like PIF at their word," O'Neil said. "They've been very public about funding us through the season, so we are full steam ahead."

CNBC 23h ago