{
  "id": 6336210,
  "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",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-08T22:06:24.000Z",
  "source": {
    "name": "The Age",
    "slug": "the-age",
    "url": "https://www.theage.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. The company, which was backed by Saudi Arabia's Public Investment Fund, had its main financial backer abruptly end its support after the final event of the 2026 season.\n\nAccording to reports from The Age and The Sydney Morning Herald, LIV Golf owes its players millions of dollars, including around $10.2 million to Jon Rahm. The company has agreed to a restructuring plan with BC Partners as the primary source of its capital.\n\nLIV Golf's CEO, Scott O'Neil, stated that the bankruptcy process will give the company the structure and time to pursue a new plan, dubbed \"LIV Golf 2.0\". The new plan involves a reduced schedule, a larger field of 75 players, and a 54-hole cut. The team concept will be built around nationalities, and LIV will continue to tap into successful markets in Australia, South Africa, and Asia.",
  "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 Sydney Morning Herald",
        "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",
        "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."
}