Phil Mickelson holds 0.23% stake in LIV Golf after Chapter 11 filing

Phil Mickelson holds 0.23% stake in LIV Golf after Chapter 11 filing

Phil Mickelson was reported to hold a 0. 23% equity stake in LIV Golf when the Saudi-backed tour filed for Chapter 11 bankruptcy protection in New Jersey, according to a source cited by Sportico. LIV Golf announced on 9 September that it had entered Chapter 11 after the Public Investment Fund of Saudi Arabia reduced its financial support, aiming to restructure the league with greater player ownership.

The DP World Tour later said it had received numerous inquiries from LIV players about returning, while Rory McIlroy warned the filing could prompt several players to rejoin the PGA or DP World Tour. In a filing, LIV Golf disclosed $15 million in cash and $208 million in revenue for the prior year.

Actors

LIV Golf BC Partner Advisors LP Public Investment Fund (PIF) Scott O'Neil

Locations

New Jersey, United States Saudi Arabia

Articles

September 11, 2026
1 total
Phil Mickelson linked to 0.23% ownership stake in LIV Golf amid bankruptcy filing
Phil Mickelson linked to 0.23% ownership stake in LIV Golf amid bankruptcy filing

golfmagic.com • 11 Sep 20:31

A source told Sportico that Phil Mickelson held a 0.23% equity interest in LIV Golf when the Saudi-backed tour filed for Chapter 11 protection, adding a new dimension to his involvement with the circuit.

Credibility 66% Manip. 9% Center
September 10, 2026
1 total
LIV Golf files for bankruptcy, discloses $15 million cash and $208 million revenue
LIV Golf files for bankruptcy, discloses $15 million cash and $208 million revenue

Huddle Up | Joe Pompliano • 10 Sep 15:08

LIV Golf filed for Chapter 11 bankruptcy, revealing $15 million in cash, $208 million in revenue for the prior year and detailed expenses including executive credit-card spending and office lease obligations.

Credibility 68% Manip. 12% Center
September 09, 2026
2 total
McIlroy predicts LIV Golf departures after bankruptcy filing
McIlroy predicts LIV Golf departures after bankruptcy filing

Yahoo Sports • 09 Sep 21:11

Rory McIlroy said the recent bankruptcy filing could prompt several LIV Golf players to return to the PGA Tour or DP World Tour, strengthening those circuits.

Credibility 72% Manip. 12% Center
DP World Tour explores re-entry terms as LIV Golf seeks bankruptcy protection
DP World Tour explores re-entry terms as LIV Golf seeks bankruptcy protection

BBC • 09 Sep 14:26

The DP World Tour says it has received many inquiries from LIV Golf players and is reviewing conditions for their return, while LIV Golf files for US bankruptcy protection and plans a restructured LIV 2.0.

Credibility 78% Manip. 9% Center
September 08, 2026
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LIV Golf seeks Chapter 11 protection as Saudi funding wanes
LIV Golf seeks Chapter 11 protection as Saudi funding wanes

CNBC • 08 Sep 20:56

LIV Golf has filed for Chapter 11 bankruptcy in New Jersey, aiming to restructure with player ownership after the Saudi Public Investment Fund reduces its support.

Credibility 78% Manip. 8% Center
LIV Golf files for Chapter 11, allowing players to leave and seeking new investment
LIV Golf files for Chapter 11, allowing players to leave and seeking new investment

BBC • 08 Sep 20:27

LIV Golf has entered Chapter 11 bankruptcy protection after Saudi Arabia withdrew funding, freeing its players from contracts and announcing a new investor as it plans a player-owned league for next year.

Credibility 78% Manip. 10% Center