[Brief] LIV Golf Files for Bankruptcy Protection With $45 Million Owed to Players
Backed by Saudi Arabia’s Public Investment Fund, LIV Golf announced on September 8 that it had filed for bankruptcy protection in the United States, owing players around $45 million in prize money and salaries. Despite the filing, the league still plans to launch its new season early next year, fueling doubts about the sustainability of the breakaway circuit.