Mickelson Revealed as LIV Golf's Hidden Shareholder in Bankruptcy Filing

1 min read
Source: Sportico.com
Mickelson Revealed as LIV Golf's Hidden Shareholder in Bankruptcy Filing
Photo: Sportico.com
TL;DR Summary

LIV Golf’s Chapter 11 filing lists a 0.23% stake held by a 'current player'—identified by sources as Phil Mickelson—making him LIV’s unnamed shareholder, while ownership sits at about 98.48% for the Public Investment Fund and 1.05% for Performance54; the document outlines a proposed restructuring that would shift roughly 52.5% of ownership to players and details how pre-bankruptcy agreements would be handled as LIV pursues a reimagined tour.

Share this article

Reading Insights

Total Reads

1

Unique Readers

6

Time Saved

14 min

vs 15 min read

Condensed

98%

2,86567 words

Want the full story? Read the original article

Read on Sportico.com