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LIV Golf files for bankruptcy after Saudi backers pulled funding
RIATH AL-SAMARRAI: A 'Chapter 11' petition was lodged on Tuesday, with the league locked in a battle to survive ever since their Saudi backers announced that they were pulling the plug.
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sportico.com
LIV Golf Files for Bankruptcy: What to Know and What Comes Next
It’s the latest move in the breakaway circuit’s fight for survival after the PIF of Saudi Arabia pulled funding.
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cnbc.com
LIV Golf files for Chapter 11 bankruptcy protection
As part of the proposed bankruptcy deal, the upstart golf venture is expected to be majority owned by its players.
