LIV Golf: US court-supervised restructuring following end of PIF funding

LIV Golf Incorporated and its affiliates have "voluntarily commenced a court-supervised restructuring process under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of New Jersey," the organisation announced on 8 September 2026.

The US bankruptcy procedure, which allows a company to continue operating while undergoing restructuring, is intended to enable the implementation of a Restructuring Support Agreement ("RSA") entered into with BC Partners Credit, the credit business of investment firm BC Partners, which contemplates a recapitalisation of the league.

The move comes four months after the Public Investment Fund (PIF), the Saudi sovereign wealth fund and majority shareholder in LIV Golf Investments, announced that it would cease…