LIV Golf’s attempt to reshape professional golf is entering a dramatically different phase.
LIV Golf and related entities filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey on September 8, beginning a court-supervised restructuring that the league hopes will allow it to return to competition in 2027.
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The league estimated that it has between $100 million and $500 million in assets compared with liabilities ranging from $500 million to $1 billion.
“Now it is time to enter the next phase of LIV Golf,” Scott O’Neil, LIV CEO, said. “Today, we took an important step forward to get…
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