LIV Golf weighs bankruptcy filing as league considers future restructuring

LIV Golf may file for bankruptcy as soon as next week as the league explores a transition to a slimmed-down tour model. The organization has reportedly begun offering limited settlement packages to players with existing contracts, citing a lack of funding from Saudi Arabia’s Public Investment Fund. This move follows recent staff layoffs and the cancellation of two 2026 events, including the Team Championship in Michigan. Management is currently negotiating with potential investor BC Partners for a lifeline to support a proposed 10-event schedule for 2027. While the Public Investment Fund is expected to provide a limited bankruptcy loan, it has signaled an end to further financial commitment to the tour after reported losses reaching $6 billion.

• 1:31 PMYahoo Sports — Report: LIV Golf weighing bankruptcy as player settlements, future funding remain unresolved