From Golf · · 1m
LIV Golf's Bankruptcy Timeline
LIV Golf's bankruptcy hearing sets deadline for 2027 reorganization.
In brief
LIV Golf's bankruptcy hearing sets deadline for 2027 reorganization. LIV Golf must decide by month's end whether to wind down or launch 2.0 version after bankruptcy court approves restructuring deal with BC Partners. Originally reported by Golf.
Bankruptcy hearing timeline
LIV Golf's attorney says they will know by month's end if they wind down or launch 2.0 version.
Restructuring agreement approved
Court approved $300 million financing deal with BC Partners for LIV Golf 2.0.
Player ownership terms
Players get 52.5 percent ownership and signing bonuses under new deal.
DP World Tour interference
LIV Golf accuses DP World Tour of player interference with 2027 Ryder Cup eligibility.
Ryder Cup eligibility changes
Players can no longer maintain Ryder Cup eligibility after 2027 if they join LIV Golf 2.0.
Player contract rejections
LIV Golf rejected contracts of 19 golfers including Bryson DeChambeau and Dustin Johnson.
2027 deadline for players
Players must commit to LIV Golf 2.0 by Oct 25, but BC Partners can waive deadline.
The main idea
LIV Golf must decide by month's end whether to wind down or launch 2.0 version after bankruptcy court approves restructuring deal with BC Partners.
