Economy · World
LIV Golf League Faces Potential Bankruptcy Filing, Seeks Funding
The LIV Golf League is reportedly preparing for a potential bankruptcy filing in September. The league is in negotiations with private equity firm BC Partners for a significant funding package. This funding is intended to support a restructured and slimmed-down version of the golf circuit. The outcome of these negotiations will determine the future payouts for LIV golfers.
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- Centre (3): Australian Financial Review, Channel News Asia, Financial Times