LIV Golf liquidated after $6 billion spend

LIV Golf has entered liquidation after its Saudi backers withdrew support, bringing an end to a costly, divisive effort to reshape professional golf. One account argues the league struggled to attract broad audiences despite signing major stars, while another emphasizes the financial winners: LIV players earned large contracts, and rising purses also benefited golfers on established tours. The collapse may not end attempts to revive the brand: private equity firm BC Partners is reportedly exploring a possible successor, though any new venture could be smaller. The broader legacy remains uncertain, with future negotiations involving the PGA Tour and DP World Tour likely to shape whether professional golf sees a lasting reset.