Professional men’s golf tour backed by Saudi wealth, at the center of bankruptcy and restructuring battles
Rory McIlroy has clinched the Race to Dubai title in a gripping finale at the DP World Tour Championship in Dubai, edging Eugenio Chacarra after a dramatic final round. Tyrrell Hatton claims a Rolex Series record with a dominant 66, while victory for Victor Perez remains a distant dream.
The president has announced a trip to Ireland for Sept. 12-13, where he will attend events with embassy staff and officials, and visit Trump-owned golf properties. AP, New York Post and Independent note the trip underscores how official travel can intersect with family business interests, including LIV Golf ties and potential political signaling.
The PGA Tour has announced a major revision to its postseason format beginning in 2028: the BMW Championship will lead 90 players into a two-week, group-stage followed by a four-day match-play Tour Championship. The top 32 will advance; the final week is a four-day match-play bracket to crown the season-long champion.
LIV Golf has announced staff reductions as it seeks a new lead investor to fund a revamped LIV 2.0 after Saudi PIF ends its backing. The move follows the 2026 season’s end and a canceled Detroit finale, with a timetable that hinges on securing capital and obtaining player buy-in.
The PGA Tour has confirmed that personal wagers by 55-year-old golfer Bart Gogel were not placed on events he participated in. He has accepted an 11-month suspension and will be eligible to return on February 22, 2027. Gogel has called the wagers an honest mistake and says he looks forward to resuming competition on the Champions tour.
The breakaway LIV Golf has filed for bankruptcy protection in New Jersey as it plans a restructuring and a return in a new form. Rahm has signalled he may return to the PGA Tour if opportunities open, and European hopes hinge on next year’s Ryder Cup at Adare Manor.
LIV Golf has filed for Chapter 11 bankruptcy in New Jersey and has agreed a restructuring with BC Partners while Saudi Arabia's Public Investment Fund has provided $49.6m in debtor-in-possession financing. The company has listed $500m–$1bn in liabilities, plans a player-majority ownership model and aims to return in 2027.
The LIV Golf breakaway has filed for Chapter 11 in the United States as Saudi PIF withdraws backing and BC Partners steps in with financing. The move aims to preserve LIV as a going concern while reshaping ownership, with talks of a return by stars to the PGA Tour and DP World Tour as contracts are renegotiated or cancelled.
The PGA Tour has detailed a two-tier framework—Championship Series and Challenger Series—set to launch in 2028. The plan includes a Last Chance Series for three top-tier cards, revised exemptions, and a structured points system. DP World Tour links remain under discussion as talks continue, with past major winners retaining extended eligibility.
LIV Golf has filed for Chapter 11 bankruptcy protection in the United States, owing about $45m to players. The move signals a reboot for LIV 2.0, but the path back to the PGA Tour and DP World Tour remains uncertain as contracts, funding and format are renegotiated. Top players are weighing departures as the sport reorganises.
The DP World Tour has revised its 2027 calendar as the Ryder Cup moves Ireland-ward, prompting date shuffles for key events and a reordering of the European circuit’s calendar. Several tournaments relocate in the lead-up to the 2027 season, with Wentworth and other Rolex Series events affected along with national opens and Open Qualifying Series slots.
McDonald’s has unveiled a $8.5 billion, 10-year plan to upgrade stores with more technology, AI-driven operations, new training, and a greater focus on chicken and beverages. Executives say the program will strengthen restaurant economics and improve the customer experience, while managing franchisee costs.
BC Partners Credit has committed an initial $300 million to LIV Golf’s restructuring, subject to bankruptcy court approval. The funding aims to propel LIV Golf into 2027, with a promised player-owned, globally oriented league as the core ambition. Hearings are set to address the terms and next steps as the league negotiates with creditors and players.
LIV Golf is pursuing a 2.0 restructuring while facing a legal challenge from the DP World Tour over player releases and governance. The European tour is demanding players choose their associations, with deadlines looming as LIV seeks funding and a broader player equity model.
LIV Golf has told a New Jersey bankruptcy court it will shift from restructuring to full liquidation after BC Partners Credit withdrew a proposed $300m financing. The Saudi-backed league has lost star players and funding, filed for Chapter 11 in September, and will sell assets to pay creditors starting immediately.
Rory McIlroy has posted a 2-under 70 after incurring a two-shot penalty for grounding his club on the 12th hole at Yas Links, eight shots behind leader Francesco Laporta in the Race to Dubai. Laporta leads after a bogey-free 62, while Rahm and others are within striking distance.
LIV Golf has filed for bankruptcy and is winding down operations after failing to secure a viable restructuring. Jon Rahm has returned to a regular European schedule and contends his majors performance reflects his own play, not LIV involvement. The plan now centers on liquidating assets and honoring creditor claims while the PGA/DP World Tours navigate player movement.