LIV Golf filed for Chapter 11 bankruptcy protection Tuesday in New Jersey with more than $500 million in debt, part of its goal to revive the league without Sau

It’s the latest move in the breakaway circuit’s fight for survival after the PIF of Saudi Arabia pulled funding.

As part of the proposed bankruptcy deal, the upstart golf venture is expected to be majority owned by its players.

LIV Golf has filed for bankruptcy—an expected step in the league’s fight for survival after the Saudi PIF ended its funding.

Its planned 2027 return remains uncertain as stars weigh their options.

League says it remains in 'advanced discussions' with players to take control of business