LIV Golf files for Chapter 11 bankruptcy, plans 2027 relaunch
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Neutral summary
LIV Golf, the Saudi-backed breakaway league, has filed for Chapter 11 bankruptcy protection in a New Jersey court. The organization says it intends to restructure and launch a new version of the league in 2027, with a preliminary deal in place with BC Partners to fund the relaunch. The filing follows the Saudi Public Investment Fund's decision to withdraw support after the 2026 season; the fund had invested more than $5 billion in the league, according to reports. LIV estimates its liabilities at between $500 million and $1 billion, owing millions to star players including Jon Rahm and Bryson DeChambeau. Under the bankruptcy filing, players under contract with the league will be free to leave.
How it was framed
Outlets: 28. Countries: 13. Facts in the shared core: 4.
Publication timeline
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BBC News (outlet profile)
LIV players free to leave after bankruptcy protection filing. LIV Golf intends to starts its new league early next year after filing for bankruptcy protection in the United States.
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Channel NewsAsia (outlet profile)
LIV Golf files for Chapter 11 bankruptcy in New Jersey, Bloomberg News reports
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Channel NewsAsia (outlet profile)
LIV Golf files for Chapter 11 bankruptcy in New Jersey
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CNBC (outlet profile)
LIV Golf files for Chapter 11 bankruptcy
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Axios (outlet profile)
LIV Golf files for bankruptcy protection. LIV Golf — the Saudi-backed league that upended the sport with a costly splash but failed to identify a viable business model — filed for Chapter 11 bankruptcy protection on Tue…
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Financial Times (outlet profile)
LIV Golf files for bankruptcy with at least $500mn in liabilities. Saudi Arabia-backed league confirms a preliminary deal with BC Partners to fund a LIV 2.0
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NBC News (outlet profile)
LIV Golf files for bankruptcy as it attempts to restart in 2027. 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 restr…
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Daily Mail (outlet profile)
LIV Golf files for bankruptcy after Saudi backers pulled funding as PGA defectors eye road back to Tour. LIV GOLF has filed for bankruptcy in a move that is expected to trigger an exodus of their leading names.
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Sky Sports (outlet profile)
LIV Golf League files for bankruptcy protection but reveals 2027 plans. LIV Golf has filed for bankruptcy protection in the United States but still intends to launch a new version of the league from next year.
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The National (UAE) (outlet profile)
LIV Golf files for bankruptcy, with post-Saudi future uncertain. (Bloomberg) -- LIV Golf filed for bankruptcy protection Tuesday, a dramatic fall for the Saudi-backed league that had big ambitions to challenge the supre…
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Forbes (outlet profile)
LIV Golf Files For Chapter 11 Bankruptcy To Restructure League. LIV Golf files for Chapter 11 bankruptcy protection in order to restructure the league and address its debts and obligations. Certain LIV stars are still o…
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Kicker (outlet profile)
Golfserie LIV stellt Insolvenzantrag: "Weiterentwickeln und verbessern". Als Konkurrenz zur PGA-Tour und mit großen Ambitionen wurde die Golfserie LIV im Jahre 2022 ins Leben gerufen. Nun folgte der nächste Tiefpunkt: E…
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New York Post (outlet profile)
LIV Golf files for bankruptcy as it moves toward a ‘more sustainable future’. LIV Golf 2.0 wants to start with a clean slate.
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Belfast Telegraph (outlet profile)
LIV Golf files for Chapter 11 bankruptcy, leaving players free to go elsewhere
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Sydney Morning Herald (outlet profile)
Superstars owed millions as LIV Golf files for bankruptcy. In a bankruptcy claim filed in the United States on Wednesday, LIV Golf said it owed its players millions of dollars, including about $10.2 million to Jon Rahm.
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Al-Monitor (outlet profile)
LIV Golf files for bankruptcy protection. 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 pr…
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The Independent (outlet profile)
LIV Golf files for bankruptcy protection. 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
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Forbes (outlet profile)
LIV Golf Declares Bankruptcy—These Top Players Are Owed Millions. The golf league lost funding from Saudi Arabia's Public Investment Fund earlier this year, less than five years after it launched.
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La Nación (outlet profile)
LIV Golf se declara en bancarrota y promete una incierta “versión 2.0″ del circuito con nuevos inversores. En 2022, el circuito con fondos árabes se había erigido como la competencia del PGA Tour
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Fox News (outlet profile)
LIV Golf files for bankruptcy after Saudi fund pulls support, leaving players owed millions in unpaid money. LIV Golf filed for Chapter 11 bankruptcy in New Jersey after Saudi Arabia's Public Investment Fund halted…
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Malay Mail (outlet profile)
LIV Golf seeks bankruptcy protection with up to US$1b in debts owed to players. LOS ANGELES, Sept 9 — LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the...
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The Japan Times (outlet profile)
LIV Golf files for bankruptcy protection. LIV owes between $500 million and $1 billion in estimated liabilities to at least 1,000 creditors, including star players like Bryson DeChambeau.
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Die Welt (outlet profile)
Rückzug des saudischen Geldgebers – LIV-Tour meldet Insolvenz an. Mit einem milliardenschweren Financier im Hintergrund wurde 2022 der Gegenspieler zur im Golf etablierten PGA-Tour ins Leben gerufen. Doch nun muss die L…
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Blic (outlet profile)
Krah lige u koju su Saudijci uložili više od 5 milijardi dolara: Bankrotirao LIV Golf, poznatim igračima duguju milione. LIV Golf podneo je zahtev za zaštitu od bankrota u Sjedinjenim Američkim Državama, nakon što je Sa…
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DW (Deutsche Welle) (outlet profile)
LIV Golf in financial turmoil: what's next for the sport?. Six months after Saudi Arabia pulled funding from the breakaway organization, LIV Golf have filed for bankruptcy protection. Several of the world's best players…
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Daily Mail (outlet profile)
Revealed: The staggering sums of money LIV golfers - including Jon Rahm and Bryson DeChambeau - are owed following collapse of Saudi-backed rebel league. LIV Golf's high-profile stars are waiting to collect more than £3…
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Al Jazeera (outlet profile)
Troubled league LIV Golf files for bankruptcy protection in US. LIV Golf says it intends to restructure its business with a $49.6m bankruptcy loan provided by the Saudi PIF.
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Sydney Morning Herald (outlet profile)
Aussie golfer caught in bankruptcy claims. Aussie Cam Smith has found himself in uncharted waters as the LIV Golf breakaway league files for bankruptcy.
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The Hill (outlet profile)
LIV Golf could soon be majority player-owned as organization files for Chapter 11 bankruptcy. LIV Golf, the professional men's golf tour owned by the Public Investment Fund of Saudi Arabia, has filed for Chapter 11 bank…
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BFMTV (outlet profile)
La faillite du circuit de golf LIV est-elle le signe d'un prochain retrait de l’Arabie saoudite de ses investissements dans le football en raison du conflit en Iran?. Lancé avec fracas en 2022, le tournoi de golf dissid…
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The Independent (outlet profile)
Rory McIlory believes DP World Tour can benefit from LIV Golf changes. McIlroy expects some players to leave breakaway tour following bankruptcy protection filing.
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Belfast Telegraph (outlet profile)
Rory McIlory believes DP World Tour can benefit from LIV Golf changes
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Sky Sports (outlet profile)
McIlroy predicts players will leave LIV Golf amid uncertainty over league's future. Rory McIlroy predicts players will leave LIV Golf and seek opportunities elsewhere, as he questioned the appeal of the rebel league's r…
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Коммерсантъ (outlet profile)
LIV Golf вошла в процедуру банкротства. LIV Golf подал иск в суд американского штата Нью-Джерси о признании себя банкротом. Два года назад LIV Golf за счет щедрого финансирования, поступавшего от Саудовской Аравии в кол…
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The Independent (outlet profile)
Rory McIlroy says LIV Golf uncertainty could be ‘good thing’ for DP World Tour
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iNews (outlet profile)
My heart bleeds for LIV Golf’s useful idiots. Phil Mickelson, Jon Rahm, Bryson DeChambeau... - they all got what was coming to them
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Sky Sports (outlet profile)
What's next for LIV Golf and it's players after filing for bankruptcy?. Geraint Hughes explains what is next for LIV Golf and what will happen to their players after they filed for bankruptcy.
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La Nación (outlet profile)
LIV Golf asume su descalabro económico: cuánto les debe a los golfistas contratados y a otros acreedores. El circuito que se sostuvo con fondos saudíes afronta deudas con varias de las estrellas; así y todo, confía en r…
Factual core
- LIV Golf's financial troubles led to the bankruptcy filing.
- LIV Golf intends to restructure its business.
- LIV Golf players are owed millions in unpaid money.
- Saudi Arabia's Public Investment Fund (PIF) confirmed in April it was withdrawing support for LIV Golf after the 2026 season.