UPDATE 2-Golf-LIV Golf begins potential bankruptcy plan after losing Saudi backing, Bloomberg News reports
Published on: May 20, 2026, 1:36 a.m. | Source: Devdiscourse
The PIF's decision to cut LIV Golf's funding at the close of the 2026 season has left the breakaway circuit scrambling for new backers and raises questions about the future of its big-name players on lucrative contracts. The report said that while LIV's management and advisers were looking for options, including trying to find new investors, they were preparing for the league's collapse when the season ends in August as a possible outcome.
