LIV Golf Begins Potential Bankruptcy Plans for End of Season
LIV Golf has begun laying the groundwork for a potential US bankruptcy filing if it fails to raise new funds, according to people familiar with the matter.
www.bloomberg.comLIV Golf is reportedly facing a financial crisis after the Saudi Public Investment Fund pulled its backing at the end of the 2026 season. This move has left the organization struggling to secure new backers or explore alternative options, including a U.S. bankruptcy filing if fundraising efforts are unsuccessful. According to Bloomberg News and Reuters sources, LIV Golf has been working on contingency plans to preserve some value for investors and contracts, with the season's end in late August potentially serving as a collapse point. The organization's future remains uncertain as it navigates this difficult situation.