LIV Golf Set to Close After Five-year Run, Lawyer Says

WHO:

WTNH - LIV Golf announced plans to wind down its operations.

Newsweek - LIV Golf is the organization that will begin winding down operations.

NBC News - LIV Golf is a golf tour backed by Saudi royalty and prominent figures in the sport.

NBC News - Andrew Greif reported on the shutdown decision and what could come next for players.

WHAT:

Inc - LIV Golf spent $5 billion on renting an audience, according to the article.

WTNH - LIV Golf announced in bankruptcy court that it plans to wind down operations rather than launch a new version of the league.

Newsweek - LIV Golf will begin winding down operations.

NBC News - LIV Golf is planning to shut down.

WTNH - The league’s run fractured the landscape of professional golf.

WHERE:

WTNH - LIV Golf announced its plans in bankruptcy court.

WHY:

WTNH - LIV Golf said it did not have enough support to launch a new version.

Newsweek - The league failed to secure funding for a possible 2027 season.

HOW:

WTNH - The league plans to wind down its operations instead of launching a new version.

Newsweek - The shutdown process is set to begin Monday.

LIV Golf plans to wind down operations, announcing the decision in bankruptcy court rather than launch a new version. The Saudi-backed tour says it lacks enough support for that relaunch. It also failed to secure funding for a possible 2027 season.