IJR News — today's news from every side

IJR News — today's news from every side

blockversewordysbillionaire.aiyourlistWhiteboardAppquizieunschool

Loading

Genius — OpenServe

Want your own hosted, self-optimizing clone of this — or any OpenServe site? Open Development for enterprise →

OpenServe Drive OpenServe Inbox OpenServe Write OpenServe Studio OpenServe Projects OpenServe Focus OpenServe Mindmaps Teams OpenServe CRM Site Builder Whiteboard

© OpenServe Holdings LLC

Privacy Notice Data rights Terms of Service Feedback Cookie NoticeHelp Acceptable Use Copyright AI Notice Your Privacy Choices Subprocessors Data Processing Addendum Installed App Terms Company Solutions Free assessment Investors Get the app Contact

News

Home
Popular
Elections

Genius — OpenServe

LIV Golf Files Bankruptcy, Plans 2027 Relaunch — Sep 8, 2026LIV Golf filed for Chapter 11 bankruptcy, with Saudi Arabia’s Public Investment Fund withdrawing support and a restructuring plan to make players the majority owners, aided by BC Partners. The move reflects a bid to preserve the league amid heavy financial strain and could reshape contracts, star players, and the broader golf landscape as the sport copes with investor-backed ventures.

0

LIV Golf reportedly planning bankruptcy filing as early as next week — Aug 31, 2026LIV Golf could file for Chapter 11 protection in New Jersey as soon as the week of September 7, with Saudi Arabia’s Public Investment Fund poised to provide a debtor-in-possession loan under $100 million while the league brokers a potential pre-packaged deal with BC Partners to fund a lean 2027 season. Current players have been offered settlements worth only a few cents on the dollar as LIV negotiates funding and a possible LIV 2.0 equity-like structure amid pressure from the DP World Tour and ongoing cost-cutting efforts.

0