Free Trial

Scott O'Neil takes over as the CEO of Saudi-funded LIV Golf

Philadelphia 76ers chief executive officer Scott O'Neil speaks to reporters at the team's NBA basketball training facility, Monday, July 8, 2013, in Philadelphia. (AP Photo/Matt Rourke, File)

WEST PALM BEACH, Fla. (AP) — Scott O’Neil was formally introduced Wednesday as the new CEO of Saudi-funded LIV Golf, which enters its fourth season next month while its financial backer is negotiating an investment deal with the rival PGA Tour.

O’Neil, who takes over for Greg Norman, was CEO of Merlin Entertainments who was in charge of business operations of more than 140 of the company’s attractions. He previously was CEO of Harris Blitzer Sports & Entertainment, whose holdings include the NBA's Philadelphia 76ers and the NHL's New Jersey Devils.

“Scott has the passion, the tenacity and the vision to continue leveraging LIV Golf’s position as a preeminent, global sports and entertainment company and to lead our amazing teams and players for years to come,” said Yasir Al-Rumayyan, governor of the Public Investment Fund of Saudi Arabia and chairman of LIV Golf.

LIV did not disclose what role Norman would have going forward.

O’Neil said the opportunity to lead a sports league “is a dream come true.”

“What LIV Golf has achieved in just three years is remarkable,” O’Neil said. “The game has been infused with a long overdue bolt of energy and innovation with the team model, players have increased freedom and rights, fans are getting the access they have always wanted, and the game has been brought to new markets that have been desperate for elite golf for decades.”

LIV Golf begins its fourth season on Feb. 6 in Riyadh, Saudi Arabia. The first U.S. event is April 4-6 at Trump Doral, a week before the Masters.

PGA Tour Enterprises and PIF remain in discussions about the Saudi sovereign wealth fund becoming a minority investor, although it remains unclear how that would affect the two leagues or any path toward reuniting golf’s best players.

___

AP golf: https://apnews.com/hub/golf

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Quantum Computing Stocks to Watch in 2025 (That Aren’t Rigetti)
Transportation Stocks to Watch in 2025: Top Picks for Growth
Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines