LIV Golf could soon be majority player-owned as organization files for Chapter 11 bankruptcy

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Trending on The Hill - September 9, 2026

Trending on The Hill - September 9, 2026

(WGHP) — LIV Golf, the professional men’s golf tour owned by the Public Investment Fund of Saudi Arabia, has filed for Chapter 11 bankruptcy protection as it begins restructuring, the organization announced Tuesday.

According to news, the organization and its affiliates will undergo a court-supervised restructuring process under Chapter 11 of Title 11 of the U.S. Code in the U.S. Bankruptcy Court for the District of New Jersey.

LIV Golf CEO Scott O’Neil noted the goal is to move to a new ownership model in which players are the majority........

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