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LIV Golf reportedly planning bankruptcy filing as early as next week
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— 2d
LIV Golf could file for Chapter 11 protection in New Jersey as soon as the week of September 7, with Saudi Arabia’s Public Investment Fund poised to provide a debtor-in-possession loan under $100 million while the league brokers a potential pre-packaged deal with BC Partners to fund a lean 2027 season. Current players have been offered settlements worth only a few cents on the dollar as LIV negotiates funding and a possible LIV 2.0 equity-like structure amid pressure from the DP World Tour and ongoing cost-cutting efforts.
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