LIV Golf Shuts Down After $5 Billion Saudi Gamble, Ending Fox Sports Run
LIV Golf is shutting down after five years and $5 billion in Saudi backing, ending its challenge to the PGA Tour and its television run on Fox Sports.
LIV Golf has announced its closure after five years and a $5 billion investment from Saudi Arabia, marking the end of its battle with the PGA Tour and its presence on Fox Sports. The league's attorney announced during a New Jersey bankruptcy hearing that LIV will cease operations following the collapse of a proposed rescue investment.
Fox Sports had signed a multiyear television deal with LIV in January 2025, following its second season on The CW, which expanded LIV's coverage to nearly 300 hours in 2026. Despite the participation of golfing legends like Phil Mickelson and Bryson DeChambeau, LIV faced financial difficulties and filed for bankruptcy in September. Fox Sports has yet to comment on the situation.
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