Home Politics LIV Golf files for bankruptcy protection as it looks to...
Politics

LIV Golf files for bankruptcy protection as it looks to ‘begin the next chapter’

Key Points

Saudi investors stopped backing LIV this yearRahm and DeChambeau may still be involvedLIV Golf, the breakaway tour that spent billions luring top players away from the PGA Tour, has filed for bankruptcy protection in the US, it announced on Tuesday. Launched in 2022, free-spending LIV caused shockwaves and bitter divisions in the golf world, before losing the backing of its deep-pocketed Saudi investors this year, prompting a scramble to stay afloat.

  • Saudi investors stopped backing LIV this year

  • Rahm and DeChambeau may still be involved

LIV Golf, the breakaway tour that spent billions luring top players away from the PGA Tour, has filed for bankruptcy protection in the US, it announced on Tuesday.

Launched in 2022, free-spending LIV caused shockwaves and bitter divisions in the golf world, before losing the backing of its deep-pocketed Saudi investors this year, prompting a scramble to stay afloat.

Continue reading...
LIV Golf (PERSON) Saudi (ORG) LIV (ORG) DeChambeau (PERSON) the PGA Tour (EVENT) US (LOCATION)
Originally published by The Guardian Sport Read original →