IJR News — today's news from every side

IJR News — today's news from every side

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LIV Golf Files Bankruptcy, Plans 2027 Relaunch — Sep 8, 2026LIV Golf filed for Chapter 11 bankruptcy, with Saudi Arabia’s Public Investment Fund withdrawing support and a restructuring plan to make players the majority owners, aided by BC Partners. The move reflects a bid to preserve the league amid heavy financial strain and could reshape contracts, star players, and the broader golf landscape as the sport copes with investor-backed ventures.

LIV Golf reportedly planning bankruptcy filing as early as next week — Aug 31, 2026LIV 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.