LIV Golf moves to liquidation after funding collapse

New York Post • 05 nov. 20h30

LIV Golf announced plans to fully liquidate its operations following a New Jersey bankruptcy court hearing, after investors withdrew pledged funding.

CBS News • 05 nov. 20h09

The Saudi-backed LIV Golf league will cease operations following a New Jersey bankruptcy court ruling, as its debtors reject a reorganization plan and funding from the Public Investment Fund ends.

The Age • 05 nov. 19h36

LIV Golf has announced plans to wind down operations and enter liquidation, leaving the future of players like Cameron Smith uncertain.

Sky Sports • 05 nov. 18h21

LIV Golf announced it will wind down operations and enter liquidation after BC Partners withdrew a $300 million financing deal, ending plans for a new LIV 2.0 league.

Golf Channel • 05 nov. 17h53

LIV Golf announced plans to liquidate its assets following the withdrawal of a $300 million investment offer from BC Partners, with court hearings scheduled for late November.

Nine.com.au • 05 nov. 17h46

LIV Golf said it will wind down operations following the withdrawal of Saudi funding and the failure of a proposed $300 million investment, after filing for Chapter 11 bankruptcy in September.

NBC News • 05 nov. 17h43

The Saudi-backed LIV Golf tour said it will begin an orderly wind-down after failed negotiations with financial partner BC Partners.

CBC • 05 nov. 17h42

A lawyer for LIV Golf told a New Jersey bankruptcy court that the organization will not pursue its planned LIV 2.0 series and will instead focus on a value-maximizing wind-down.

Global Golf Post • 05 nov. 16h35

BC Partners has abandoned a proposed $300 million investment in LIV Golf, raising the likelihood that the league will enter liquidation after missing a player-commitment deadline.

NBC Sports • 05 nov. 02h22

Rory McIlroy endorsed DP World Tour CEO Guy Kinnings's view that LIV Golf has turned professional golf into an "arms race" and warned that participation in LIV could affect Ryder Cup captaincy eligibility.

Sportsnet.ca • 04 nov. 22h55

BC Partners Credit has withdrawn its $300 million pledge for a new LIV Golf series after failing to secure enough player participation, prompting the league to focus on liquidation of its assets.

Yahoo Sports • 04 nov. 21h34

BC Partners has ended its plan to fund a new version of LIV Golf, and the league is expected to seek liquidation of its assets following a bankruptcy hearing.

TSN • 04 nov. 21h22

BC Partners Credit has ended its effort to relaunch the LIV Golf tour after failing to secure sufficient player support, and the tour will now move toward liquidation of its assets.

ESPN • 04 nov. 12h58

Rory McIlroy said he supports the DP World Tour's decision to allow ex-LIV Golf members to return next season, citing the need for a sustainable reset in professional golf.