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LIV Says Decision on Wind-Down or 2.0 Model Due by Month-End
Lawyers said the tour expects a decision by month’s end as players seek clarity on contracts, payouts and possible returns to other circuits.
- On Wednesday, an attorney for the LIV Golf League told a U.S. Bankruptcy Court judge that a decision on whether to wind down operations or proceed with LIV 2.0 will be made by month's end.
- Tensions escalated after DP World Tour CEO Guy Kinnings announced golfers cannot compete on both circuits next season, prompting LIV attorney Rob Fitzgerald to call the move a "clear attempt to interfere" with restructuring.
- Judge Michael Kaplan approved an amended restructuring agreement where BC Partners will provide up to $300 million in financing for LIV 2.0, including an initial $4 million loan to maintain Chapter 11 operations.
- The court authorized LIV Golf to reject 19 existing player contracts, and former world number one Jon Rahm has already decided to quit the circuit, robbing it of one of its biggest stars.
- While LIV promotes "player freedom" as its foundation, Kinnings insists golfers must choose between tours, forcing players to decide what matters most and potentially leaving the circuit without additional star names.
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14 Articles
14 Articles
The IndependentReposted by 
The Independent (US)
The Independent (US)LIV Golf to make final decision on relaunch within weeks
LIV Golf is set to make a decision on whether to relaunch in 2027
·London, United Kingdom
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(Seoul = Yonhap News) Reporter Choi Tae-yong = As a U.S. court conditionally approved LIV Golf's reorganization plan, the possibility for LIV Golf to continue its tournaments next year...
·Seoul, Korea (the Republic of)
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LIV says decision on wind-down or 2.0 model due by month-end
·London, United Kingdom
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LIV Golf Lawyers Issue Strict Deadline for LIV 2.0 as DP World Tour Ban Sparks Legal Threat
LIV Golf was built on the promise of player freedom. Now, with its future resting on a bankruptcy judge’s calendar, the same idea is at the center of a fight with the DP World Tour. As reported by NUCLR Golf, citing journalist David Rumsey, lawyers for LIV told the New Jersey bankruptcy court on Wednesday […]
·Lewes, United States
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Coverage Details
Total News Sources14
Leaning Left3Leaning Right4Center7Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
Factuality
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