LIV Golf files for bankruptcy protection
LIV owes between $500 million and $1 billion in estimated liabilities to at least 1,000 creditors, including star players like Bryson DeChambeau.
3 articles from Japan Times, Fox News, ESPN.
LIV owes between $500 million and $1 billion in estimated liabilities to at least 1,000 creditors, including star players like Bryson DeChambeau.
LIV Golf filed for Chapter 11 bankruptcy in New Jersey after Saudi Arabia's Public Investment Fund halted funding to focus on domestic projects.
LIV Golf and its related entities voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court of New Jersey on Tuesday, with court records listing Jon Rahm ($7.5 million) and Bryson DeChambeau ($5.7 million) as the league's top creditors.