LIV Golf faces funding and bankruptcy challenges

LIV Golf enters Chapter 11 after losing Saudi funding and a potential relaunch bid collapses amid player departures.

2 stories310 sourcesUpdated Nov 6, 2026

In this storyline:Jon Rahm LIV Golf Public Investment Fund Chapter 11, Title 11, United States Code Saudi Arabia PGA Tour BC Partners

LIV Golf faces funding and bankruptcy challenges — Photo: LIV Golf / Wikimedia Commons (Public domain)

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Key developments

Nov 6, 2026
LIV Golf enters Chapter 11 bankruptcy after Saudi Arabia’s Public Investment Fund halted funding.
182 sources on this →
Nov 6, 2026
BC Partners withdraws proposed $300 million financing for LIV relaunch due to insufficient player support.
128 sources on this →

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Stories in this storyline

Sports

LIV Golf to Wind Down After Abandoning Relaunch

LIV Golf is in Chapter 11 bankruptcy after Saudi Arabia’s Public Investment Fund halted its multibillion-dollar funding, leaving the league’s proposed smaller “LIV 2.0” dependent on retaining enough players. Jon Rahm, Sergio Garcia and several others have departed or secured exits, while some players are pursuing unpaid contract money or severance and Rahm prepares to return to the DP World Tour.

182 sources

Business

BC Partners reportedly drops $300M LIV relaunch bid

BC Partners has withdrawn its proposed financing of up to $300 million to relaunch LIV Golf in 2027, saying it could not secure enough player support. The bankrupt league now faces an uncertain future and may liquidate its remaining assets after losing its Saudi funding.

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