The Saudi Arabia Public Investment Fund is nearing $5 billion in total investment in LIV Golf, according to financial documents reviewed by the Money in Sport newsletter on Thursday. Saudi Arabia has invested in global sports,

What a potential deal between PGA Tour Enterprises and Saudi Arabia's Public Investment Fund looks like is still anyone's best guess, but LIV Golf CEO Scott O'Neil only sees a potential agreement as a positive.

New LIV Golf CEO Scott O'Neil sees opportunity for the league because of the potential investment from PIF, which funds LIV Golf, in the PGA Tour.

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,