LIV Golf Files for Chapter 11 Bankruptcy Protection in New Jersey
LIV Golf filed for Chapter 11 bankruptcy protection in New Jersey. The move is part of a plan to restructure the league following the end of its Saudi funding and aims to revive it in a smaller format with new…
Philadelphia, PA, September 8, 2026 — LIV Golf, the controversial professional golf league, has filed for Chapter 11 bankruptcy protection in New Jersey. The filing represents a significant step in the league’s efforts to restructure its operations and future.
The bankruptcy protection filing is directly linked to plans aimed at reorganizing the league following the conclusion of its funding from Saudi Arabia. This strategic move is intended to pave the way for LIV Golf’s revival in a modified, smaller format.
According to the plan, LIV Golf seeks to secure new capital from BC Partners. This investment is crucial for enabling the league to continue its operations under a restructured model.
The end of its previous funding source necessitated this pivot toward a new financial and operational framework. Chapter 11 bankruptcy allows companies to continue operating while they develop a plan to reorganize their debts and business structure.
Details regarding the specific terms of the restructuring plan or the exact timeline for its implementation were not provided in the initial announcement. The outcome of the bankruptcy proceedings and the eventual shape of the revived LIV Golf league remain to be seen.
Story summarized from the original created by DOUG FERGUSON on www.inquirer.com, see more information here.
