LIV Golf Winds Down Operations in New Jersey Bankruptcy Hearing
· Sports · The Independent, NBC News
LIV Golf is winding down operations instead of launching LIV 2.0 due to a lack of financial support, as stated by lawyer Matthew Williams in a New Jersey bankruptcy court hearing on Thursday. The Saudi Arabian backer cut funding in April after LIV spent over $5 billion since 2022, leading to its September bankruptcy filing. Top players including Jon Rahm, Tyrrell Hatton, Brooks Koepka and David Puig have left the league, and the European tour has barred LIV 2.0 signers from the DP World Tour, risking their Ryder Cup eligibility. The Asian Tour renewed its alliance with the PGA and European tours in July, while LIV's final event was held in August in Indianapolis.
Why it matters
The European tour's ultimatum makes LIV players ineligible for the Ryder Cup, directly affecting the sport's most prestigious team event and the careers of top international golfers.
Read the original report — The Independent
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