SportsTroubled LIV Golf files for bankruptcy protection in US

LIV Golf has filed for Chapter 11 bankruptcy protection in New Jersey, saying it plans to restructure with a $49.6m loan from Saudi Arabia’s Public Investment Fund. The league is estimated to owe $500m to $1bn to at least 1,000 creditors, but says the filing is intended to support its continued operation rather than dissolve it.

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AAl Jazeera★★★☆☆2026-09-09 11:41Original