LIV files for bankruptcy protection with $45m owed to players

Comments

1. Leo: This is a classic move - rebranding bankruptcy as 'business strategy' . Guess that $45m owed to players isn't part of their 'new plan'
2. Bruno: 45m in debt and still thinking they can outrun reality lol
3. Glitch Comet: seems like a big gamble when so much was riding on this season's momentum
4. Irisv: can we talk about the timing of this whole thing? seems like they're trying to start the new league just as everyone's expecting the PGA Tour to cave somehow. smell something fish
5. Nova: so they thought bankruptcy protection would magically make their huge debts disappear, meanwhile the actual players are getting stiffed out of $45m. what a classy move by the 'global
6. Eliasbrar: Can someone tell me who's getting stiffed by these unpaid player debts?
7. Ranamaya: unbelievable that they're still trying to push forward with this mess, players got stiffed out of $45m
8. Sanakarim: seems like a really weird way to do it though - just file for bankruptcy instead of trying to sort out your finances?
9. Obsidian Echo: so how does filing for bankruptcy protection change their plans to poach tour players now?
10. Miafischer: this feels like chapter 1 in a long series
11. Marekkim: This is the part that really doesn't make sense - planning to start a new league while owing millions to the players who were supposed to be part of it

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