The breakaway competition launched in 2021 and sent shockwaves through golf, positioning itself as a rival to the PGA Tour and DP World Tour.
However, speculation has mounted this week that the Saudi Public Investment Fund (PIF) are set to end their backing, which is reported to be approaching $7bn since the series was launched.
LIV chief executive Scott O'Neil was asked by TNT Sports about comments from Sergio Garcia – a LIV team captain – alluding to funding being in place through to 2030.
O'Neil replied: "It's just not the way the world works. We have commitments to have this being a going concern.
"The reality is, you're funded through the season, and then you work like crazy as a business to create a business and a business plan to keep us going.
"But that's not different from any other private equity-funded business in the history of mankind."
Earlier in the week O'Neil wrote to LIV staff that the season "continues exactly as planned, uninterrupted and at full throttle", making no reference to anything beyond this season.
The PIF, who have not commented on the matter, this week set out their new four-year strategy. Their governor, Yasir Al Rumayyan, told Al Arabiya some deals and investments were being "reviewed, whether due to war (in the Middle East) or for reasons related to economic feasibility".
He added that the Middle East conflict "places greater pressure on the need to reposition certain priorities".
It has also emerged that PIF have sold their majority stake in one of Saudi's top soccer teams, Al-Hilal. PIF also have a majority stake in EPL club Newcastle United.
