{
  "id": 6336190,
  "title": "Superstars owed millions as LIV Golf files for bankruptcy",
  "url": "https://urgent.news/2026/09/08/superstars-owed-millions-as-liv-golf-files-for-bankruptcy",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-08T22:06:24.000Z",
  "source": {
    "name": "The Sydney Morning Herald",
    "slug": "the-sydney-morning-herald",
    "url": "https://www.smh.com.au/sport/superstars-owed-millions-as-liv-golf-files-for-bankruptcy-20260909-p60vnl.html?ref=rss"
  },
  "original_language": "en",
  "account": null,
  "summary": "LIV Golf has filed for Chapter 11 bankruptcy protection in New Jersey with over $500 million in debt. According to reports, the company's main financial backer, Saudi Arabia's Public Investment Fund, abruptly ended its financial support after the final event of the 2026 season.\n\nThe company has agreed to a restructuring plan with BC Partners as the primary source of its capital. As part of this plan, LIV Golf's CEO, Scott O'Neil, has announced that the league will be revamped, with plans for \"LIV Golf 2.0\" featuring a reduced schedule and players as majority owners.\n\nLIV Golf owes its players millions of dollars, including around $10.2 million to Jon Rahm. The company is in \"advanced discussions\" with players to take control of the business, and BC Partners Credit and other investors are expected to provide exit financing to capitalise the reorganised company.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 14,
    "also_reported_by": [
      {
        "outlet": "BBC News",
        "title": "LIV Golf players free to leave after bankruptcy protection filing",
        "url": "https://urgent.news/2026/09/08/liv-golf-players-free-to-leave-after-bankruptcy-protection-filing",
        "published": "2026-09-08T20:43:26.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "LIV Golf files for Chapter 11 bankruptcy in New Jersey",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-chapter-11-bankruptcy-in-new-jersey",
        "published": "2026-09-08T20:51:45.000Z"
      },
      {
        "outlet": "Sky News",
        "title": "Breakaway league LIV Golf files for bankruptcy protection",
        "url": "https://urgent.news/2026/09/08/breakaway-league-liv-golf-files-for-bankruptcy-protection",
        "published": "2026-09-08T20:58:00.000Z"
      },
      {
        "outlet": "Axios",
        "title": "LIV Golf files for bankruptcy protection",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection",
        "published": "2026-09-08T21:05:21.000Z"
      },
      {
        "outlet": "Bloomberg",
        "title": "LIV Golf Files for Bankruptcy Protection",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection-6333869",
        "published": "2026-09-08T21:16:16.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "LIV Golf files for bankruptcy with at least $500mn in liabilities",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-with-at-least-500mn-in-liabilities",
        "published": "2026-09-08T21:37:10.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "LIV Golf files for bankruptcy, with post-Saudi future uncertain",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-with-post-saudi-future-uncertain",
        "published": "2026-09-08T21:38:27.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "LIV Golf files for Chapter 11 bankruptcy protection",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-chapter-11-bankruptcy-protection",
        "published": "2026-09-08T21:45:55.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "LIV Golf files for bankruptcy protection as it tries to survive in a smaller version",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection-as-it-tries-to-survive-in-a",
        "published": "2026-09-08T21:49:41.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "LIV Golf files for bankruptcy protection as it tries to survive in a smaller version",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection-as-it-tries-to-survive-in-a-6333369",
        "published": "2026-09-08T21:53:04.000Z"
      },
      {
        "outlet": "The Age",
        "title": "Superstars owed millions as LIV Golf files for bankruptcy",
        "url": "https://urgent.news/2026/09/08/superstars-owed-millions-as-liv-golf-files-for-bankruptcy-6336210",
        "published": "2026-09-08T22:06:24.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "LIV Golf files for bankruptcy protection",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection-6342634",
        "published": "2026-09-08T22:30:28.000Z"
      },
      {
        "outlet": "Yahoo Sports",
        "title": "LIV Golf files for bankruptcy protection",
        "url": "https://urgent.news/2026/09/08/liv-golf-files-for-bankruptcy-protection-6340743",
        "published": "2026-09-08T22:44:48.000Z"
      }
    ]
  },
  "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."
}