LIV Golf files for bankruptcy with at least $500mn in liabilities
- Posted on September 8, 2026
- By Financial Times
- 1 Views
- 1 min read
In brief
The Saudi Arabia-backed LIV Golf tour has initiated bankruptcy proceedings with liabilities exceeding $500 million, marking a significant restructuring in professional golf. The league has secured a preliminary funding agreement with investment firm BC Partners to support its operational transition into LIV 2.0. This strategic move aims to stabilize the organization while integrating with the PGA Tour merger efforts, reshaping the competitive landscape of elite golf globally.
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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
