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LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter divisions within the sport, filed Tuesday for bankruptcy protection.LIV Golf is also seeking recognition of the US bankruptcy filing in England and Wales to cover its international assets and operations.
LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter divisions within the sport, filed Tuesday for bankruptcy protection.Widespread reports have linked several LIV stars with potential returns to the PGA Tour and other series, though the PGA said it currently has no plans to offer LIV players a pathway back.
Under LIV Golf’s bankruptcy filing, players who had previously signed contracts with the breakaway league such as Jon Rahm will be free to leave
LIV Golf declared for bankruptcy after months of rumors about its future, but the league insists the move was to facilitate a new version of the tour.
LIV Golf filed for Chapter 11 bankruptcy protection Tuesday in New Jersey with more than $500 million in debt, part of its goal to revive the league without Saudi funding. The move was widely expected after the Public Investment Fund of Saudi Arabia abruptly ended its financial support after the final event of the 2026 season. LIV said it has agreed to a restructuring plan with BC Partners as the primary source of its capital.
LIV Golf, the Saudi-funded tour that once aimed to take over professional golf, filed for Chapter 11 bankruptcy protection Tuesday as it attempts to restructure and restart what it called its “next chapter.”
Professional men's golf league LIV Golf has filed for bankruptcy protection in the US.
LIV Golf still intends to start its new league early next year after filing for bankruptcy protection in the United States.
LIV Golf intends to starts its new league early next year after filing for bankruptcy protection in the United States.
