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LIV Bankruptcy Coming in September

Posted on 8/31/26 at 6:55 am
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
47223 posts
Posted on 8/31/26 at 6:55 am
quote:

NEW: LIV Golf bankruptcy coming as soon as Sept. 7
- petition expected in NJ district court, PIF to fund DIP financing
- settlement offers to players are just cents on the $
- BC Partners wants to create a sports roll-up via the LIV net operating losses:


Posted by Scruffy
Kansas City
Member since Jul 2011
78640 posts
Posted on 8/31/26 at 7:04 am to
Are you saying it isn’t going to LIV?
Posted by usc6158
Member since Feb 2008
39609 posts
Posted on 8/31/26 at 7:07 am to
BC Partners has been running this playbook in other industries. Harvest operating losses in the holding company to roll up other assets.

When it was announced they were involved, this was the clear play.
Posted by boosiebadazz
Member since Feb 2008
87034 posts
Posted on 8/31/26 at 7:21 am to
Doesn’t sound like anyone really wants to play golf next year.

They may let Rahm back on tour if he comes groveling hard enough.

I can’t see a way they let Dechambeau back in the next five years or so.
Posted by JimTiger72
LA
Member since Jun 2023
21191 posts
Posted on 8/31/26 at 7:53 am to
quote:

Are you saying it isn’t going to LIV?


LIV filing bankruptcy has to do with resolving their financial situation from before with PIF

Doesn’t have much impact with their LIV 2.0 with new investor other than potentially losing players from previous contracts

This post was edited on 8/31/26 at 8:07 am
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
93330 posts
Posted on 8/31/26 at 8:11 am to
Are you saying LIV 2.0 is still ready to get going and new investors are excited to stand up the new league?
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
47223 posts
Posted on 8/31/26 at 8:13 am to
I'm sure players are excited to play for Liv 2.0 when they're about to get paid pennies for Liv 1.0
This post was edited on 8/31/26 at 8:14 am
Posted by castorinho
13623 posts
Member since Nov 2010
89090 posts
Posted on 8/31/26 at 8:15 am to
Pride Celebration Tour starts now
Posted by JimTiger72
LA
Member since Jun 2023
21191 posts
Posted on 8/31/26 at 8:19 am to
Except when LIV is still having events in 2027
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
13857 posts
Posted on 8/31/26 at 8:38 am to
quote:


Except when LIV is still having events in 2027


Hopefully they can take some guys from the Sunshine Tour.
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
93330 posts
Posted on 8/31/26 at 8:57 am to
I’m so ready for it.

The casuals who were excited to destroy the PGA Tour can all eat shite.
Posted by Dawgsontop34
Member since Jun 2014
47116 posts
Posted on 8/31/26 at 9:01 am to
:inB4Pride:
Posted by lsupride87
Member since Dec 2007
113951 posts
Posted on 8/31/26 at 9:05 am to
quote:

JimTiger72


Posted by JimTiger72
LA
Member since Jun 2023
21191 posts
Posted on 8/31/26 at 9:11 am to
What did you win baw? Can’t wait for LIV Hong Kong in February
Posted by lsupride87
Member since Dec 2007
113951 posts
Posted on 8/31/26 at 9:15 am to
Jim, if, big if, liv zombie corpse continues with an absolutely horrific field and you are so fricking mind fricked by me you still fake post like you care about it and watch, that makes this entire ordeal even a bigger W for me
This post was edited on 8/31/26 at 9:15 am
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
22646 posts
Posted on 8/31/26 at 9:15 am to
quote:

Are you saying it isn’t going to LIV?

I chuckled.
Posted by JimTiger72
LA
Member since Jun 2023
21191 posts
Posted on 8/31/26 at 9:17 am to
Wil they get OWGR points tho
Posted by stout
Porte du Lafitte
Member since Sep 2006
186027 posts
Posted on 8/31/26 at 10:02 am to
quote:

I can’t see a way they let Dechambeau back in the next five years or so.


I think they would want DeChambeau most of all due to the eyeballs he brings.

That also doesn't align with the returning member program the PGA created in January, where DeChambeau qualified.

Maybe they will penalize him or something but I don't see them not letting him back at all for 5 years.
Posted by DestrehanTiger
Houston, TX by way of Louisiana
Member since Nov 2005
13857 posts
Posted on 8/31/26 at 10:13 am to
quote:

That also doesn't align with the returning member program the PGA created in January, where DeChambeau qualified.


That offer expired earlier this year.
Posted by lsupride87
Member since Dec 2007
113951 posts
Posted on 8/31/26 at 10:17 am to
quote:

I think they would want DeChambeau most of all due to the eyeballs he brings.
What material rise in ratings and eyeballs do you think he brings?
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