{
  "id": 18336477,
  "title": "LIV Golf is winding down operations, lawyer says in bankruptcy hearing",
  "url": "https://urgent.news/2026/11/05/liv-golf-is-winding-down-operations-lawyer-says-in-bankruptcy-hearing",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-11-05T16:48:43.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/sports/golf/2026/11/05/liv-golf-is-winding-down-operations-lawyer-says-in-bankruptcy-hearing"
  },
  "original_language": "en",
  "account": "LIV Golf is ceasing operations, according to a bankruptcy court hearing in New Jersey. The organization's lawyer, Matthew Williams of Gibson Dunn, announced the decision, stating that the debtors are not pursuing the LIV 2.0 plan and are instead focusing on a value-maximizing wind-down of their business. LIV Golf has lost financial support since April when it stopped receiving funding from Saudi Arabia after spending over $5 billion since 2022. The league filed for bankruptcy in September following the withdrawal of top players such as Jon Rahm, Tyrrell Hatton, Brooks Koepka, Patrick Reed, and Sergio Garcia. The European Tour, which had received financial support from LIV, has also distanced itself, potentially impacting LIV's eligibility for the Ryder Cup.",
  "summary": null,
  "key_points": [
    "LIV Golf ceasing operations, lawyer announces in bankruptcy hearing",
    "Debtors not pursuing LIV 2.0 plan, focus on value-maximizing wind-down",
    "Saudi funding stopped in April, league filed for bankruptcy in September"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/18336477.png",
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "CityNews",
        "title": "LIV Golf is winding down operations, lawyer says in bankruptcy hearing",
        "url": "https://urgent.news/2026/11/05/liv-golf-is-winding-down-operations-lawyer-says-in-bankruptcy-hearing-18343477",
        "published": "2026-11-05T16:48:43.000Z"
      },
      {
        "outlet": "CBC News",
        "title": "LIV Golf shutting down operations, lawyer says in bankruptcy hearing",
        "url": "https://urgent.news/2026/11/05/liv-golf-shutting-down-operations-lawyer-says-in-bankruptcy-hearing",
        "published": "2026-11-05T17:12:27.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "LIV Golf winding down operations after financing deal falls apart",
        "url": "https://urgent.news/2026/11/05/liv-golf-winding-down-operations-after-financing-deal-falls-apart",
        "published": "2026-11-05T17:13:00.000Z"
      },
      {
        "outlet": "Global News",
        "title": "LIV Golf set to wind down operations, lawyers say",
        "url": "https://urgent.news/2026/11/05/liv-golf-set-to-wind-down-operations-lawyers-say",
        "published": "2026-11-05T18:32:39.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Why LIV Golf, which shook up sport in 2022 with Saudi Arabia money, is winding down",
        "url": "https://urgent.news/2026/11/05/why-liv-golf-which-shook-up-sport-in-2022-with-saudi-arabia-money-is",
        "published": "2026-11-05T18:46:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}