It's official: Game Over for LIV Golf! After five turbulent years that shook the global golf world and turned it completely upside down, the controversial tour is finished. The dream of a fresh start, touted as "LIV 2.0", has definitively collapsed.
LIV Golf announced this in a statement on Thursday. Negotiations with potential partner BC Partners also fell through. BC Partners had originally offered a funding commitment of up to $300 million – a lifeline that will now no longer materialize.
LIV Golf itself then formulated the reasons somewhat more formally: "Despite extensive discussions, the parties involved ultimately could not agree on an amicable solution for certain outstanding conditions." And, to be frank: "Given the current circumstances, we consider an orderly winding down to be the most responsible path for the league."
Starting Monday, the once extremely financially strong league will begin liquidation: a bankruptcy court in New Jersey ruled that LIV Golf will then liquidate its remaining assets. The league, which had lured superstars away from the traditional PGA Tour with lavish Saudi funding and thus caused a sensation, had been backed by the Saudi Public Investment Fund (PIF) with an incredible five billion US dollars since 2022. But in early 2026, the PIF surprisingly shut off the funding.
LIV had already officially filed for bankruptcy in September. At that time, there was still vague hope for a "LIV 2.0" for the coming season – with a scaled-down tournament schedule, smaller prize purses, and the possibility for pros to acquire equity in the league. But in recent weeks, some of the biggest names, including Spain's Jon Rahm, made it clear: they would not be participating in the scaled-down version. For many other pros, too, the decision was hanging in the balance. Thus, LIV Golf's fate is sealed.
