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LIV Golf files for bankruptcy protection after Saudi Arabia withdraws funding

4 sources • 1 min read • Latest: Sep 8, 2026, 9:10 PM

Last updated Sep 8, 2026

LIV Golf files for bankruptcy protection after Saudi Arabia withdraws funding

Summary

LIV Golf filed for Chapter 11 bankruptcy protection in the United States on Tuesday. The move follows the withdrawal of multibillion dollar funding from Saudi Arabia. Company officials state the petition is intended to preserve the business while it attempts to restructure. As a result of the filing, all players under contract with LIV Golf are now free to leave the organization. The league has not yet provided further details regarding the status of its operations or potential reorganization plans. LIV Golf representatives noted that the filing serves as a measure to stabilize the business following the loss of its primary financial backing.

Source Links

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Status Watch

•LIV Golf filed for Chapter 11 bankruptcy protection in the United States on Tuesday.
•Saudi Arabia has withdrawn its multibillion dollar funding for the league.
•All players under contract with LIV Golf are free to leave the organization.
•The filing is intended to preserve the company during a restructuring process.

Latest Updates

9:10 PMYahoo Sports — LIV Golf files for bankruptcy in latest step to survive after losing PIF funding, chaotic 2026 season
8:47 PMYahoo Sports — LIV Golf officially files for bankruptcy; O'Neil says league pursuing a 'landmark transaction'
8:39 PMYahoo Sports — LIV players free to leave after bankruptcy protection filing
8:27 PMBBC Sport — LIV players free to leave after bankruptcy protection filing

What they're saying

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LIV Golf files for bankruptcy protection as it attempts to restructure after Saudi Arabia withdrew its multibillion dollar funding - a move that means all its players are free to leave.
— BBC Sport