LIV Golf officially filed for bankruptcy this week, hoping to rebuild a self-sustaining world golf tour from the ashes of Saudi Arabia’s most infamous sportswashing attempt.
Ever since the Saudis pulled their billions of dollars in funding, the tour has faced an existential crisis. As its 2026 season concluded, it canceled its team championship event and ended the campaign early. LIV then laid off most of its workforce before ultimately filing for bankruptcy.
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While LIV Golf CEO Scott O’Neil has hyped a potential new investor that could save the tour, the reality paints a far different picture.
According to the bankruptcy filing…
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