{"id":594438,"date":"2026-09-09T00:22:10","date_gmt":"2026-09-09T00:22:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/594438\/"},"modified":"2026-09-09T00:22:10","modified_gmt":"2026-09-09T00:22:10","slug":"liv-golf-files-for-bankruptcy-protection-after-saudi-investors-pull-funding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/594438\/","title":{"rendered":"LIV Golf files for bankruptcy protection after Saudi investors pull funding"},"content":{"rendered":"<p class=\"eYVVqkRVmn\" style=\"display:none\">Saudi Arabia\u2019s Public Investment Fund (PIF) had spent an estimated $5 billion on the tour before abruptly pulling the plug this year.<\/p>\n<p class=\"eYVVqkRVmn\" style=\"display:none\">LIV Golf is also seeking recognition of the US bankruptcy filing in England and Wales to cover its international assets and operations.<\/p>\n<p class=\"eYVVqkRVmn\" style=\"display:none\">LIV officials have pledged that a \u201c2.0\u201d version of the tour will re-emerge under new investors next season, with a shorter schedule and reduced prize money, but that remains deeply uncertain.<\/p>\n<p class=\"eYVVqkRVmn\" style=\"display:none\">Much will depend on whether top stars, including Bryson DeChambeau and Jon Rahm, remain.<\/p>\n<p class=\"eYVVqkRVmn\" style=\"display:none\">The statement said \u201cthe company remains in advanced discussions with\u201d players, including on \u201ccreating an ownership structure aligning players\u2019 interests with the league\u2019s long-term success\u201d.<\/p>\n<p class=\"eYVVqkRVmn\" style=\"display:none\">Widespread reports have linked several LIV stars with potential returns to the PGA Tour and other series, though the PGA said it currently has no plans to offer LIV players a pathway back.<\/p>\n","protected":false},"excerpt":{"rendered":"Saudi Arabia\u2019s Public Investment Fund (PIF) had spent an estimated $5 billion on the tour before abruptly pulling&hellip;\n","protected":false},"author":2,"featured_media":594439,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[74,4995,6133,54058,208332,12474,12938,33352,2082,71,738,18126,321,76456,114354,111,139,69,18238,10702,15381,2961,38109,12633,213,9939,1361,208,9938],"class_list":["post-594438","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-after","tag-away","tag-bankruptcy","tag-billions","tag-breakaway","tag-dollars","tag-filed","tag-files","tag-for","tag-from","tag-funding","tag-golf","tag-investors","tag-liv","tag-luring","tag-new-zealand","tag-newzealand","tag-nz","tag-pga","tag-players","tag-protection","tag-pull","tag-saudi","tag-spent","tag-sports","tag-states","tag-that","tag-tour","tag-united"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/594438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=594438"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/594438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/594439"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=594438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=594438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=594438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}