LIV Golf Files for Chapter 11 Bankruptcy

LIV Golf, the professional men's golf tour owned by Saudi Arabia's Public Investment Fund, has filed for Chapter 11 bankruptcy. The filing was made in a U.S. bankruptcy court, according to documents reviewed by the newsroom.

The tour, which launched in 2022, has faced financial challenges and legal disputes with established golf organizations. The Chapter 11 process allows the company to restructure its debts while continuing operations. Further details on the filing and its implications are expected to emerge