LIV Golf Files for Bankruptcy
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LIV Golf formally filed for Chapter 11 bankruptcy protection Tuesday, and the filing has provided long-awaited clarity on months of uncertainty surrounding the league's future.
LIV Golf's stars are among the creditors it now owes money to, and a restructuring plan on could pay some of them in ownership rather than cash.
Greg Norman left his role as the CEO of LIV Golf in 2025. Norman played a leading role in getting LIV Golf off the ground back in 2022.