LIV Golf moves to liquidation after funding collapse, leaving ex-players' futures uncertain

Nine.com.au • 5 Նոյ 23:59

The shutdown of LIV Golf has left Cameron Smith, Marc Leishman, Lucas Herbert and Elvis Smylie without a tour, prompting them to consider options such as re-qualifying for other tours or retirement.

Fox Sports • 5 Նոյ 23:06

Golf commentators say LIV Golf’s collapse was driven by unrealistic financial demands and poor player cooperation, while former participants discuss the path back to the PGA Tour.

New York Post • 5 Նոյ 20:30

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

CBS News • 5 Նոյ 20:09

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 • 5 Նոյ 19:36

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

Sky Sports • 5 Նոյ 18:21

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 • 5 Նոյ 17:53

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 • 5 Նոյ 17:46

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 • 5 Նոյ 17:43

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

CBC • 5 Նոյ 17:42

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 • 5 Նոյ 16:35

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 • 5 Նոյ 02:22

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 • 4 Նոյ 22:55

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 • 4 Նոյ 21:34

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 • 4 Նոյ 21:22

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 • 4 Նոյ 12:58

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.