LIV Golf Winds Down After Investors Pull $300M Lifeline

LIV Golf has announced its plans to wind down operations after investors withdrew a $300 million lifeline, effectively ending the Saudi-backed project that began in 2022. The league had hoped to restructure as "LIV 2.0" with fresh capital, but key players refused to return, and the necessary funding fell through. Attorney Matthew Williams informed the New Jersey bankruptcy court that a fresh Chapter 11 plan would be submitted by the league on Monday, explaining that the debtors were unable to bring key parties to a fully consensual arrangement that would have supported a financially viable LIV 2.0 league.

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