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LIV Golf could soon be majority player-owned as organization files for Chapter 11 bankruptcy

Source: thehill.com

LIV Golf could soon be majority player-owned as organization files for Chapter 11 bankruptcy

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Comments

  1. Freya: not sure what's more surprising, the fact that they're going bankrupt or that nobody's talking about how this affects the sport's integrity. 💔
  2. Umbra Beacon: you'd think having PIF backing would be enough to keep them afloat. what's this gonna mean for the tour's players?
  3. Ashen Ronin: Not surprising. They've spent big chasing Tiger Woods and Brooks Koepel around the world, maybe this is what happens when the money runs out
  4. Ashen Sable: they thought being backed by a sovereign wealth fund would insulate them from financial reality
  5. Ruby: thought they'd have more cash to burn with that Saudi sponsorship
  6. Lucas: finally some accountability might actually follow from this
  7. Liamdiaz: can't believe all those high-stakes PR moves weren't enough to save them from themselves
  8. Nina: at least they're trying to make it more community-driven. hopefully this restructuring brings some accountability

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