LIV Golf Announces Plans to Cease Operations, Enter Liquidation
LIV Golf, a rival professional golf league, has announced its intention to wind down operations and enter liquidation proceedings in bankruptcy court. The league, which previously lost Saudi Arabian funding and failed to secure sufficient player support for a planned…
Houston, TX, November 5, 2026 — LIV Golf, the Saudi-backed professional golf league that emerged as a rival to the PGA Tour, has announced its intention to wind down operations. The league plans to enter liquidation proceedings in bankruptcy court.
The decision comes after LIV Golf previously lost its Saudi Arabian funding. The league had also reportedly failed to secure sufficient player support for a planned relaunch, referred to as “LIV 2.0.” Instead of pursuing this new version, the organization will cease its operations.
The contractor’s name was not provided. The fine amount was not provided. The specific timeline for the liquidation proceedings was not provided in the announcement.
Story summarized from the original created by Associated Press on www.click2houston.com, see more information here.
