Times Now · WorldNews · 2026-09-08
LIV Golf Files For Bankruptcy: Saudi-Backed League Seeks Major Restructuring
Saudi Arabia-backed LIV Golf has filed for Chapter 11 bankruptcy protection in the United States, revealing liabilities of between $500 million and $1 billion as the controversial breakaway golf league seeks to restructure its finances and prepare for a new phase. The bankruptcy petition was filed in New Jersey on Tuesday, September 8, as LIV attempts to reorganise its obligations while continuing operations.
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