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LIV Golf files for Chapter 11 bankruptcy in New Jersey

Sept ⁠8 (Reuters) - Professional men's golf league LIV Golf filed ⁠for Chapter 11 bankruptcy in New Jersey on ‌Tuesday, saying it intended to restructure its business with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia.

The Star MalaysiaDietrich Knauth查看原文 ↗
LIV Golf在新泽西州申请破产保护(第11章)

FILE PHOTO: Jun 28, 2025; Carrollton, Texas, USA; The LIV Golf logo and team flags near the tenth tee during the second round of the LIV Golf Dallas golf tournament at Maridoe Golf Club. Mandatory Credit: Raymond Carlin III-Imagn Images/File Photo

Sept ⁠8 (Reuters) - Professional men's golf league LIV Golf filed ⁠for Chapter 11 bankruptcy in New Jersey on ‌Tuesday, saying it intended to restructure its business with a $49.6 million bankruptcy loan provided by the Public Investment Fund of Saudi Arabia.

The ​company has between $500 million and $1 billion ⁠in liabilities, and between $100 ⁠million and $500 million in assets, according to its Chapter ⁠11 petition.

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