LIV Golf Moves Toward Chapter 11 as PIF Exits and a Leaner 2.0 Era Emerges

Reportedly, LIV Golf plans to seek Chapter 11 bankruptcy protection as soon as Sept. 7, with the Saudi Public Investment Fund winding down funding after 2026 and offering settlements to players worth pennies on the dollar; the move signals a transition to a smaller, 2.0-era LIV with lower purses and potential player equity, while financiers like BC Partners weigh financing options, staff layoffs have begun, and players face a mix of settlements, restructurings, or unsecured-claims paths depending on negotiations and future contracts.