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LIV Golf to liquidate after last-ditch financing rescue deal falls apart

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Future had been in question after Saudi funding pulled‘Orderly wind-down is most responsible path forward’LIV Golf, which ⁠shook up world golf in 2022, will liquidate after losing big-name ⁠players and last-ditch ⁠financing ​it needed to stay alive, the breakaway circuit said on Thursday. Throughout ⁠the wind-down process, LIV Golf said it will remain open to, and continue ⁠to consider, any value-maximising alternatives with third ​parties that may ‌arise. More details soon … Continue reading...

  • Future had been in question after Saudi funding pulled

  • ‘Orderly wind-down is most responsible path forward’

LIV Golf, which ⁠shook up world golf in 2022, will liquidate after losing big-name ⁠players and last-ditch ⁠financing ​it needed to stay alive, the breakaway circuit said on Thursday.

Throughout ⁠the wind-down process, LIV Golf said it will remain open to, and continue ⁠to consider, any value-maximising alternatives with third ​parties that may ‌arise.

More details soon …

Continue reading...
LIV Golf (PERSON) Future (ORG) Saudi (ORG)
Originally published by The Guardian Sport Read original →