LIV Golf files for bankruptcy protection as it looks to ‘begin the next chapter’
by Agence France-Presse from US news | The Guardian on (#788NM)
Saudi investors stopped backing LIV this year
Rahm and DeChambeau may still be involved
LIV Golf, the breakaway tour that spent billions luring top players away from the PGA Tour, has filed for bankruptcy protection in the US, it announced on Tuesday.
Launched in 2022, free-spending LIV caused shockwaves and bitter divisions in the golf world, before losing the backing of its deep-pocketed Saudi investors this year, prompting a scramble to stay afloat.
Continue reading...