2 publishers · first seen Mon, 09 Nov 2026 14:00 UTC · updated Wed, 11 Nov 2026 21:50 UTC
LIV Golf filed for bankruptcy on November 10, with a proposed final hearing to begin liquidation. The Saudi-backed league, which had been operating at a loss, laid off 289 employees and furloughed 22 others before filing. The Public Investment Fund of Saudi Arabia, which had initially funded LIV, decided to stop financing the league, leading to the restructuring agreement with BC Partners Credit failing to gain enough support. The league's CEO, Scott O'Neil, claimed that LIV had delivered world-class competitions and attracted global talent, but the league's future remains uncertain as BC Partners may seek to purchase a bankruptcy loan from LIV's current owners.
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