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LIV Golf ceases operations, marking the end of its era

Yahoo Sports • 1 min read • Latest: Nov 5, 2026, 4:43 PM

Last updated Nov 5, 2026

LIV Golf ceases operations, marking the end of its era

Summary

LIV Golf has officially ceased operations as it begins the bankruptcy process after facing declining support from players and financial backers. The league's attempt to create a global, player-owned golf tour failed to attract enough support, leading to the withdrawal of potential funding from BC Partners Credit. LIV Golf, funded by Saudi Arabia's Public Investment Fund, disrupted golf since its inception in 2021 but struggled to sustain itself following the loss of financial backing. As the league winds down, it will address the demands of its creditors in the coming days.

Source Links

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By the Numbers

•LIV Golf is winding down via bankruptcy procedures.
•BC Partners Credit withdrew funding, deeming LIV no longer viable.
•The league significantly altered the golf since 2021.
•Approximately 30 players backed LIV's new vision, but it wasn't sufficient.
•LIV's financial backing from Saudi Arabia ended, limiting its operations.

Latest Updates

5:23 PMYahoo Sports — LIV Golf's downfall timeline: How alternate golf league challenged PGA Tour before fizzling out
5:00 PMSky Sports — LIV Golf scraps plans for 'LIV 2.0' and is 'winding down operations'
4:43 PMYahoo Sports — LIV Golf is dead ... but it changed golf forever

What they're saying

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LIV Golf has confirmed it plans to wind down operations, instead of launching a new version, because of a lack of financial support.
— Sky Sports

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LIV Golf has officially ceased operations, bringing an end to the most disruptive eras for any major American sport in decades.
— Yahoo Sportsby Jay Busbee