LIV Golf shuts down after five seasons
LIV Golf is closing after a rescue deal with BC Partners fell through. The league lost its financial backing from Saudi Arabia's investment fund. It launched in 2022 as a rival to the PGA Tour. Planned events, including one in Australia, are likely cancelled.
Why it matters
It ends a rival tour that reshaped pro golf pay.
Background
LIV signed top players with large Saudi-backed contracts.
The story so far
- LIV Golf shuts down after five seasons
- LIV Golf ceases operations
Sources
- UPI ↗Nov 5, 2:21 PM ET
- Sky News ↗Nov 5, 2:23 PM ET
- ABC News (Australia) ↗Nov 5, 3:00 PM ET
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