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LIV Golf to liquidate after last-ditch financing rescue deal falls apart

Reported by Reuters, The Guardian

Image: The Guardian

Future had been in question after Saudi funding pulled ‘Orderly wind-down is most responsible path forward’ LIV Golf, which ⁠shook up world golf in 2022, will liquidate after losing big-name ⁠players and last-ditch ⁠financing ​it needed to stay alive, the breakaway circuit said on Thursday. Throughout ⁠the wind-down process, LIV Golf said it will remain open to, and continue ⁠to consider, any value-maximising alternatives with third ​parties that may ‌arise. More details soon … Continue reading...

This is an excerpt. The reporting belongs to The Guardian.

Read the full report on theguardian.com

Also carried by The Independent

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