The story so far
- Rory McIlroy Accuses LIV Golf of Trying to Destroy DP World Tour6 sources
- LIV Golf's $300 Million Rescue Plan Reportedly Falls Apart16 sources
- LIV Golf Winds Down Operations in Bankruptcy CourtYou are hereLatest
Updated 1m ago · Sports
LIV Golf Winds Down Operations in Bankruptcy Court
LIV Golf is winding down operations instead of launching a new league, a lawyer said Thursday in New Jersey bankruptcy court.
- $300 million in financing from BC Partners Credit fell through this week.
- $5 billion-plus came from Saudi Arabia's Public Investment Fund before it withdrew.
- LIV filed for Chapter 11 bankruptcy protection on Sept. 8.
- Jon Rahm, Sergio Garcia and Tyrrell Hatton left before the relaunch.
Why it matters: LIV launched in 2022 as a direct challenger to the PGA Tour. Its collapse leaves stars and creditors sorting out what comes next.
- Rahm, Bryson DeChambeau and Dustin Johnson were listed with unsecured claims.
- The European tour said LIV 2.0 signees could not join its tour.
How 15 sources split on this story
Source landscape
Factuality
High
Mixed
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Strong LeftLeftLean LeftCenterLean RightRightStrong Right
Political Bias
Coverage by lean
15 sources · 23 articles · 40% Left coverage
Center coverage, 6 sources: The center focuses on the court announcement and what the shutdown means for stars like DeChambeau.
Heavy1hJon Rahm’s Plans Seem Clear After LIV Golf NewsCTV News2hLIV Golf is winding down operations, lawyer says in bankruptcy hearingUSA Today27mLIV Golf is shutting down. What happens now to Bryson DeChambeau?Deadline7mLIV Golf Shutting Down After Last-Ditch Financing Plan FailsESPN1hLIV Golf calls it quits, to shutter league after failing to find financial support for 2.0 modelForbes2hLIV Golf Is Shutting Down And Liquidating Assets
Left coverage, 6 sources: The left frames it as a financial wind-down after Saudi funding dried up and top players left.
CNN2hLIV Golf winding down operations, lawyer says in bankruptcy hearingThe Independent11mWhat caused the end of LIV Golf – and what happens next?Mediaite2hJUST IN: LIV Golf to Shutter After Last-Ditch Bid to Find Investor to Replace Saudi Billions Falls ThroughNBC News2hLIV Golf is headed toward bankruptcy barring a last-minute rescueThe Guardian2hLIV Golf to liquidate after last-ditch financing rescue deal falls apartVariety31mLIV Golf Is Shutting Down
Right coverage, 3 sources: The right frames it as the definitive end of a rebel league that ran out of money.
New York Post2hLIV Golf is officially dead after bankruptcy court revealDaily Mail2hLIV Golf is dead: Lawyers confirm winding down process in bankruptcy court as last-gasp $300m revival failsOutKick36mLIV Golf is officially over after announcing plans to 'wind-down' operations after failed rescue deal
What’s next: Matthew Williams of Gibson Dunn told the court the debtors are "toggling to a value-maximizing wind-down in their business."
- Rahm said Tuesday he would pay the same price as Brooks Koepka to return.
- DeChambeau's contract expired after the 2026 season, leaving his next move open.
- How much will players with unsecured claims actually recover?
- Will the PGA Tour offer Rahm and others the terms Koepka received?
- Where will DeChambeau, who backed LIV 2.0, play next season?
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