LIV Golf Files for Bankruptcy | Spokane News

LIV Golf’s dream tour is officially over after filing for bankruptcy, marking the end of a high-stakes gamble that burned through $5 billion and lost $100M monthly. With Saudi Arabia’s Public Investment Fund pulling out and cutting funding, the tour scrambled to survive — even bringing in a last-minute investor who slashed prize money and canceled its flagship event. Big names like Phil Mickelson and Bryson DeChambeau are now owed millions, while LIV’s isolation from official world rankings and dwindling support signals a seismic shift in golf’s landscape. The PIF’s $50M bailout may buy time, but the era of LIV as we knew it is done. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ec1531f262a75bd1