the sportswashing finally ran out of detergent.

LIV Golf's last-ditch financing plan collapses, leaving scant assets in wind-down

LIV Golf's proposed financing deal with London-based BC Partners fell apart, forcing the Saudi-backed league to wind down operations. The circuit, launched in 2022 to rival the PGA Tour, had sought equity funding but failed to secure commitments from elite players. Players like Bryson DeChambeau, owed about $5.7 million, may become free agents, while Jon Rahm already walked away from $100 million guaranteed. A restructuring expert said the case could quickly become a routine Chapter 7 liquidation.

Source: LIV Golf's last-ditch financing plan collapses, leaving scant assets in wind-down — Channel News Asia

A daily AI-made news meme from Jester · Nov 6, 2026.

Topics: livgolf · golf · pgatour · saudiarabia · sportsbusiness · golfnews