The file
LIV Golf logo
Logo: LIV Golf,Public domain, via Wikimedia Commons. A trademark of its owner.
company

LIV Golf

Saudi-funded breakaway men's pro golf league that began play in 2022

Entries
8
On the record
3
Stories
1
Latest entry
Nov 5, 2026

The record

Compiled by the MrScandal desk from the documents below · Desk editor Laima Ērkšķe-Kreicberga · Nov 9, 2026

LIV Golf is the team golf league funded by Saudi Arabia's Public Investment Fund, which a federal judge in 2022 described as a recently established competing league financed by the kingdom's sovereign wealth fund. It held its first tournament in June 2022. That summer, golfers who had joined it sued the PGA Tour in San Jose, alleging the tour used suspensions and threatened lifetime bans to shut LIV out; LIV entities and the PIF later appeared as parties in the case.

On August 10, 2022, Judge Beth Labson Freeman denied three LIV players a temporary order to play in PGA Tour events, saying they raised significant antitrust issues but the tour had shown possible fundamental flaws in their claims. On June 6, 2023, the PGA Tour, DP World Tour and PIF announced a framework to fold their commercial businesses, LIV included, into a new entity and end all litigation between them, with PIF governor Yasir Al-Rumayyan as chairman.

That combination was still unresolved in January 2024, when the PGA Tour took up to $3 billion from Strategic Sports Group and said PIF talks had no deadline. ESPN reported that the PIF, which had put more than $5 billion into LIV, announced in April 2026 it would stop funding the league. LIV filed for Chapter 11 in New Jersey on September 8, 2026, listing past-due amounts owed to players including Jon Rahm and Bryson DeChambeau.

Roles and honours on the record

  • 2022 Golf league whose players sued the PGA Tour, Jones et al. v. PGA Tour, N.D. Cal. No. 5:22-cv-04486 source
  • as of 2026 Chief executive: Scott O'Neil source
  • 2026 Debtor in Chapter 11, U.S. Bankruptcy Court for the District of New Jersey source

Every entry, newest first

Last entry Nov 5, 2026
  1. Reported

    Attorney told a bankruptcy judge LIV is not proceeding with LIV 2.0 and is moving to a wind-down, per ESPN. LIV Golf tells court it will wind down after $5B+ Saudi cash

  2. Filed

    Filed Chapter 11 in New Jersey; lists $100M-$500M in assets and $500M-$1B in liabilities, per ESPN citing court records. LIV Golf tells court it will wind down after $5B+ Saudi cash

Stories in this file

The record, entry by entry

  1. 2022-06 Reported LIV Golf held its first tournament, ESPN reported. ESPN report
  2. 2022-08-10 Ruled Judge Beth Labson Freeman denied LIV players Talor Gooch, Hudson Swafford and Matt Jones a temporary restraining order against PGA Tour suspensions, finding they raised significant antitrust issues but had not shown the facts clearly favored them. U.S. District Court, N.D. Cal., order No. 22-cv-04486-BLF
  3. 2023-06-06 Official The PGA Tour, DP World Tour and PIF announced a framework to combine their commercial businesses and rights, including LIV Golf, in a new for-profit entity and to end all pending litigation among them. PGA Tour release
  4. 2024-01-31 Reported The PGA Tour took an investment of up to $3 billion from Strategic Sports Group while talks with the PIF continued with no deadline; the combination with LIV remained uncertain and subject to Justice Department review, CNBC reported. CNBC report
  5. 2026-04 Reported The PIF, which had invested more than $5 billion in LIV, announced it would stop funding the league, ESPN reported. ESPN report
  6. 2026-09-08 Filed LIV and related entities filed for Chapter 11 in New Jersey, listing past-due payments to players including Jon Rahm ($7.5 million), Bryson DeChambeau ($5.7 million) and Dustin Johnson ($5.5 million); the PIF agreed to provide $49.6 million in financing, subject to court approval. ESPN report

Documents

Sources behind this file

  1. AP timeline of LIV Golf · Report, Nov 5, 2026

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