LIV Golf to wind down after BC Partners withdraw support
- LIV Golf, the breakaway rebel golf league spearheaded by Australian Greg Norman, will collapse after five years, with a bankruptcy court hearing it plans to wind down operations rather than launch a new version due to a lack of support.
- LIV Golf, which launched in June 2022 by offering nine-figure signing bonuses to lure top names away from the PGA Tour, lost Saudi Arabian funding in April after spending more than $US5 billion ($7 billion).
- LIV held four events in Australia, all in Adelaide, and was scheduled to host its fifth tournament in March at Kooyonga Golf Club.
Unverified
- LIV Golf, the breakaway rebel golf league spearheaded by Australian Greg Norman, will collapse after five years, with a bankruptcy court hearing it plans to wind down operations rather than launch a new version due to a lack of support.
- LIV Golf, which launched in June 2022 by offering nine-figure signing bonuses to lure top names away from the PGA Tour, lost Saudi Arabian funding in April after spending more than $US5 billion ($7 billion).
- LIV held four events in Australia, all in Adelaide, and was scheduled to host its fifth tournament in March at Kooyonga Golf Club.
Sources: ABC Australia