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LIV has begun laying the groundwork to file for bankruptcy
Posted on 5/19/26 at 2:52 pm
Posted on 5/19/26 at 2:52 pm
Per Bloomberg
LINK
LIV Golf has retained law firm Gibson Dunn & Crutcher and investment bank Ducera Partners to seek new investors and evaluate restructuring options. Additionally, LIV management is exploring moving the league's headquarters to the United States to utilize Chapter 11 bankruptcy laws, offering asset protections against foreign creditors.
LINK
LIV Golf has retained law firm Gibson Dunn & Crutcher and investment bank Ducera Partners to seek new investors and evaluate restructuring options. Additionally, LIV management is exploring moving the league's headquarters to the United States to utilize Chapter 11 bankruptcy laws, offering asset protections against foreign creditors.
5
Posted on 5/19/26 at 2:57 pm to Swagga
They are telling investors they need 250 million and will be profitable in 20 months
So 5 billion couldn’t make them profitable but 250m will
So 5 billion couldn’t make them profitable but 250m will
Posted on 5/19/26 at 2:58 pm to Swagga
Posted on 5/19/26 at 2:58 pm to lsupride87
quote:
So 5 billion couldn’t make them profitable but 250m will
/thread
Posted on 5/19/26 at 2:59 pm to JimTiger72
Yeh Jim, if people don’t give them 100s of millions they are fricked. Kinda the point of this
Posted on 5/19/26 at 3:00 pm to CBandits82
And if all they need is 250 million to be profitable why the gell would PIF pullout? It’s ridiculous. Even liv bots on twitter are calling out O’Neil
Posted on 5/19/26 at 3:02 pm to lsupride87
Just give me Rahm, Bryson, DJ, Hatton, Cam Smith, Kim, Puig, Ballester, Sergio and Niemann back on the tour and tell the others to F off and call it a day.
Posted on 5/19/26 at 3:03 pm to iwyLSUiwy
If we got a DJ that kinda gave a frick again that would be the best ever
Posted on 5/19/26 at 3:08 pm to lsupride87
Man I would love a competitive DJ. It moved just thinking about it.
Posted on 5/19/26 at 3:10 pm to iwyLSUiwy
quote:
Rahm, Bryson, DJ, Hatton, Cam Smith, Kim, Puig, Ballester, Sergio and Niemann back on the tour
You have 8 names too many.
Rahm and Bryson, and I'll take a motivated DJ. The rest can go Korn Ferry or DPWT. You think the Tour wants any part of Sergio?
Posted on 5/19/26 at 3:12 pm to BlastOff
quote:
You have 8 names too many.
Rahm and Bryson, and I'll take a motivated DJ. The rest can go Korn Ferry or DPWT. You think the Tour wants any part of Sergio?
I'd love Hatton back on Tour TBH. He's a great personality for the game and pretty damn good at golf.
Posted on 5/19/26 at 3:13 pm to BlastOff
quote:
You have 8 names too many.
Rahm and Bryson, and I'll take a motivated DJ. The rest can go Korn Ferry or DPWT. You think the Tour wants any part of Sergio?
I'm simply speaking of who I'd want to watch. The Tour can do whatever it wants it doesn't matter to me.
Posted on 5/19/26 at 3:35 pm to iwyLSUiwy
I would give major winners for the past 5 years the Brooks route. Everyone else, welcome to Q School. Play your way to Korn Ferry.
Posted on 5/19/26 at 3:37 pm to lsupride87
quote:
So 5 billion couldn’t make them profitable but 250m will
It'd actually be real easy.
Cut the purse to $40 mil/season, rather than $40 mil/event
Eliminate league contracts
Operate a global golf league on $200 mil (is this even possible?)
Profit $10 mil - 4% ROI!!!
I don't think the players would mind either. It's only like a 92% pay cut.
Posted on 5/19/26 at 4:26 pm to Swagga
Who in their right mind would invest in that league.
If it is so viable, the LIV Players should jointly invest to get the 250 million.
If it is so viable, the LIV Players should jointly invest to get the 250 million.
Posted on 5/19/26 at 4:48 pm to bstaceyau19
quote:They already got that offer and turned it down
I would give major winners for the past 5 years the Brooks route
Posted on 5/19/26 at 4:51 pm to Swagga
quote:
LIV has begun laying the groundwork to file for bankruptcy
Misleading thread title. They're (smartly) preparing in the event that it's needed after this season.
Posted on 5/19/26 at 4:51 pm to iwyLSUiwy
quote:
Just give me Rahm, Bryson, DJ, Hatton, Cam Smith, Kim, Puig, Ballester, Sergio and Niemann back on the tour and tell the others to F off and call it a day.
They can all frick off. Especially Bryson.
Posted on 5/19/26 at 4:51 pm to bopper50
quote:
Who in their right mind would invest in that league.
Hopefully no one. Tired of hearing about this stupid arse league.
This post was edited on 5/19/26 at 9:43 pm
Posted on 5/19/26 at 5:09 pm to The Pirate King
quote:
preparing in the event that it's needed
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