LIV Golf Tour officially shutting down

Time has run out for LIV Golf.After five years challenging the PGA Tour and spending more than $5 billion, the upstart golf league announced plans to move from restructuring to full liquidation, The Athletic reported.Read more trending news According to Golfweek, the league will begin to shut down beginning on Monday, LIV attorney Matthew Williams confirmed in New Jersey Bankruptcy Court.“We believe the wind-down path is the best path,” Williams said in court.LIV’s creditors committee will meet Nov. 20, with another hearing in the bankruptcy case set for Nov. 24, Golfweek reported.Breaking News from @TheAthletic: LIV Golf, which lost its Saudi funding, has shut down after five years of operation and $5 billion spent. https://t.co/OXivHOKKcD The New York Times (@nytimes) November 5, 2026 BC Partners, the firm that pledged $300 million to carry LIV Golf through a Chapter 11 restructuring after the Saudi Public Investment Fund (PIF) backed away from the venture in April, decided it could