# LIV players free to leave after bankruptcy protection filing

- URL: https://talkfuse.com/story/liv-players-free-to-leave-after-bankruptcy-protection-filing/
- Published: 2026-09-08T20:43:26+00:00
- Updated: 2026-09-08T21:12:45+00:00
- Original publisher: BBC World (publisher lean: Centre)
- Original article: https://www.bbc.co.uk/sport/golf/articles/ce8x39wj5p1o?at_medium=RSS&at_campaign=rss
- Topics: Americas, Art, Celebrity, Culture, Entertainment, Sport, World

## Key points

- LIV Golf files for Chapter 11 bankruptcy protection in the US
- All players freed from existing contracts as PIF funding ends
- BC Partners named new investor; player-owned LIV 2.0 planned for 2027

## Summary

LIV Golf has filed for Chapter 11 bankruptcy protection in the US as it restructures following Saudi Arabia's Public Investment Fund (PIF) withdrawing its funding, a move that frees all current players from their contracts. The breakaway league says it has secured a new investor, BC Partners, and plans to launch a majority player-owned "LIV 2.0" early next year, though it remains unclear when players could enter talks with rival tours in the meantime.

The petition was filed on Tuesday in a New Jersey federal court, where LIV had set up a subsidiary over the summer; Chapter 11 status postpones obligations to creditors while the company reorganises. PIF, which has ploughed over $5bn (£3.7bn) into LIV since its 2021 launch, is providing a $49.6m (£36.6m) bankruptcy loan to fund the process despite pulling long-term backing. Existing contracts, including those of stars such as Jon Rahm and Bryson DeChambeau, will end as a result of the filing, with creditor payments handled through the court, while chief executive Scott O'Neil expressed confidence in assembling a "critical mass" of players for the new venture.

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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.