# LIV Golf Files for Bankruptcy | Edmonton News

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Text version: https://stenobird.com/podcast/edmonton-news-today-2-min-news-the-daily-news-now-7596100/liv-golf-files-for-bankruptcy-edmonton-news.md
Podcast: [Edmonton News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/edmonton-news-today-2-min-news-the-daily-news-now-7596100)
Published: 2026-09-09T09:25:25+00:00
Episode link: https://sources.thednn.ai/9494fbafffb581de
Audio file: https://api.fastcast.ai/audio/4fda3345-2a9a-443a-be7b-3ec2fadd338f.mp3
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Duration seconds: 119

## Resource

LIV Golf just filed for Chapter Eleven bankruptcy, drowning in over $500 million in debt after Saudi Arabia’s Public Investment Fund pulled out — leaving vendors unpaid and lawsuits looming. But don’t panic: the league is pivoting hard with a new plan led by BC Partners to restructure and keep playing. CEO Scott O’Neil unveiled “LIV Golf 2.0” — players will own majority stakes, the schedule shrinks, field expands to 75, and Monday qualifiers + 54-hole cuts are inbound. Gone are the days of $5 billion splashy signings; this is leaner, meaner, and more sustainable. Big names like Jon Rahm (owed $7.5M) and Bryson DeChambeau face uncertain futures as top creditors. The goal? Reemerge by 2027 with fresh funding from PI F (nearly $50M) and new investors. Success hinges on player buy-in and whether LIV can find its way back into the PGA Tour fold. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/9494fbafffb581de

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