# LIV Golf Shutting Down After Last-Ditch Financing Plan Fails

- URL: https://talkfuse.com/story/liv-golf-shutting-down-after-last-ditch-financing-plan-fails/
- Published: 2026-11-05T19:06:18+00:00
- Updated: 2026-11-05T19:21:33+00:00
- Original publisher: Deadline
- Original article: https://deadline.com/2026/11/liv-golf-shuts-down-bankruptcy-1237214408/
- Topics: Culture, Fashion, Middle East, World

## Key points

- LIV Golf will liquidate after its rescue financing fell through.
- BC Partners Credit withdrew a promised $300 million.
- The league’s format and spending pressured the PGA Tour to adapt.

## Summary

LIV Golf is moving to a full liquidation after a proposed rescue financing deal fell through, ending its attempt to become a lasting rival to the PGA Tour. The collapse matters because the league’s Saudi-backed investment had reshaped golf’s competition and pushed the PGA to reconsider prize money and its relationship with players.

BC Partners Credit withdrew a promised $300 million for a proposed “LIV 2.0”, citing difficulty recruiting players after Saudi Arabia’s Public Investment Fund pulled its support. Executives told a New Jersey bankruptcy court on Thursday they would pursue liquidation instead; low tournament ratings and uncertainty over the futures of players including Jon Rahm and Bryson DeChambeau added to the league’s challenges. Founded around three-day, 54-hole events, LIV also sought to distinguish itself with team formats, music and relaxed dress rules.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.