LIV Golf Considers Bankruptcy After Losing Saudi Backing
LIV Golf is preparing for a potential bankruptcy filing after Saudi Arabia decided to withdraw support. The league is seeking new investors to sustain operations.
LIV Golf is preparing a potential United States bankruptcy filing as a last resort after losing its $5 billion Saudi funding. Saudi Arabia's Public Investment Fund will cease financing the breakaway league at the end of the 2026 season. The move threatens the future of LIV Golf and its high-profile players currently on multi-million dollar contracts.
### Searching for New Capital LIV management is exploring new investment options to avoid a collapse when the 2026 season ends. The PIF stated in April that the league no longer aligns with its investment strategy after spending more than $5 billion since 2022. People familiar with the matter said bankruptcy remains a contingency if LIV Golf fails to secure fresh backers.
