Latest News About Liv Golf Bankruptcy

Updated 2026-06-18 18:15

LIV 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 scrambling 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 assets for investors and contracts, with the season's end in late August potentially serving as a collapse. The organization's future remains up in the air as it navigates this challenging situation.

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LIV Golf begins potential bankruptcy plan after losing Saudi backing ...

May 19 : LIV Golf has begun laying the groundwork for a potential U.S. bankruptcy filing as a last resort if it fails to raise new funds, Bloomberg News reported on Tuesday, citing people familiar with the matter.Saudi Arabia's Public Investment Fund, which has spent more than $5 billion on LIV Golf since it

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UPDATE 2-Golf-LIV Golf begins potential bankruptcy plan after losing Saudi backing, Bloomberg News reports | Sports-Games

The PIF's decision to cut LIV Golf's funding at the close of the 2026 season has left the breakaway circuit scrambling for new backers and raises questions about the future of its big-name players on lucrative contracts. The report said that while LIV's management and advisers were looking for options, including trying to find new investors, they were preparing for the league's collapse when the season ends in August as a possible outcome.

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