LIV Golf Files for Bankruptcy Protection Amid Restructuring Efforts

LIV Golf seeks Chapter 11 protection as Saudi funding ends and league restructures. Players to gain majority ownership.

September 9, 2026 One Min Read

POLICY WIRE — City, Country — The professional men’s golf league LIV Golf has initiated bankruptcy proceedings in the United States as part of a broader restructuring strategy.

The filing under Chapter 11 aims to reorganize the league’s financial structure following the withdrawal of funding from the Saudi Public Investment Fund. A new plan would grant players majority ownership while reducing the number of events and prize money.

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LIV Golf remains committed to launching its new season early next year despite the legal action. However, several top players are still owed significant sums, and the league is actively seeking new investment to stabilize its operations.

Reporting by Policy-Wire (PW)

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