LIV Golf files for bankruptcy plan ahead of January liquidation hearing

3 sources • 1 min read • Latest: Nov 10, 2026, 10:16 PM

Last updated Nov 10, 2026

LIV Golf files for bankruptcy plan ahead of January liquidation hearing
Summary

LIV Golf has filed a Chapter 11 bankruptcy plan in New Jersey, marking a step toward liquidation as it struggles financially. The proposed disclosure statement is set for a final hearing on January 7, 2027, to begin the wind-down process. LIV Golf's financial issues stem from a lack of player participation and the termination of a restructuring agreement, following substantial investments by the Public Investment Fund of Saudi Arabia. The league has been operating at a loss and recently laid off 289 employees. Meanwhile, some players are left determining their playing options after being banned from the PGA Tour.

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By the Numbers
  • •LIV Golf filed for Chapter 11 bankruptcy on September 8, 2026.
  • •Financial struggles caused by lack of player participation and agreement termination.
  • •A disclosure statement hearing is scheduled for January 7, 2027.
  • •The league has laid off 289 employees amid ongoing financial challenges.
  • •Players banned by the PGA Tour must seek alternative playing options.
Latest Updates
  • 10:16 PMYahoo Sports — LIV Golf bankruptcy: Lawyers target January liquidation
  • 10:03 PMESPN Golf — LIV Golf files bankruptcy plan, eyes January liquidation
  • 9:37 PMYahoo Sports — LIV Golf files bankruptcy plan and sets sight on January liquidation
What they're saying
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LIV Golf has filed a Chapter 11 bankruptcy plan in New Jersey aiming to liquidate its operations. The league filed for bankruptcy on Sept. 8 after the Public Investment Fund of Saudi Arabia decided to stop funding LIV following the 2026 season.

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LIV Golf filed a Chapter 11 bankruptcy plan with a New Jersey court Tuesday, along with a proposed schedule for a final hearing on its disclosure statement on Jan. 7 that would begin liquidation.

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LIV Golf filed a Chapter 11 bankruptcy plan with a New Jersey court Tuesday, along with a proposed schedule for a final hearing on its disclosure statement on Jan. 7 that would begin liquidation.

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