LIV Golf files for bankruptcy protection as it looks to ‘begin the next chapter’
Sport | The Guardian
Saudi investors stopped backing LIV this year
Rahm, DeChambeau and Smith among the creditors
LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter divisions within the sport, has filed for bankruptcy protection in the US.
The filing at a New Jersey court indicates LIV, which abruptly lost its deep-pocketed Saudi investors earlier this year, intends to restructure and return in a new form.
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