English professional golfer on the European Tour and PGA Tour, Ryder Cup veteran
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.
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 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.
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.
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.