LIV Golf has filed for Chapter 11 bankruptcy after losing its primary financial backing, according to IOL. Despite the filing, CEO Scott O'Neil has identified South Africa as a key market for the league's planned revival, dubbed "LIV Golf 2.0," with a proposed return in 2027. The announcement suggests the organisation intends to restructure and continue operations rather than fold entirely, though details of the relaunch remain limited.
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LIV Golf has filed for bankruptcy protection, according to The Citizen Sport, while details have emerged of a revamped version of the breakaway golf circuit planned for 2027. The new iteration, dubbed LIV '2.0', is still expected to launch with backing from a new investor, though it remains unclear which leading players will stay involved in the competition going forward.
The Citizen Sport·September 9, 2026 at 9:09 AM
LIV Golf has filed for bankruptcy protection in the United States, a move that leaves its players free to leave the organisation, according to BBC World. Despite the filing, LIV Golf says it intends to launch its new league early next year. The development marks a significant moment for the Saudi-backed golf venture, which has disrupted professional golf since its creation by attracting leading players away from established tours.
BBC World·September 8, 2026 at 8:43 PMLIV Golf filed for Chapter 11 bankruptcy protection in New Jersey on Tuesday, reporting more than $500 million in debt, as it seeks to restructure and continue operating in a smaller form without Saudi financial backing. The move was widely expected after the Public Investment Fund of Saudi Arabia abruptly ended its funding following the final event of the 2026 season, according to the league, which said it has agreed to a restructuring plan.
AP Top News·September 8, 2026 at 9:53 PM
South African golfer Thriston Lawrence has won his third European Masters title, earning a prize of R10 million, according to The Citizen Sport. Lawrence recovered from a disappointing third round and secured the victory in a playoff. The win marks his third triumph at the European Masters event.
The Citizen Sport·September 6, 2026 at 5:00 PM
Liquideep is set to host its first curated live experience in Johannesburg, with the event scheduled to take place in Braamfontein in July.
The Citizen (ZA)·June 24, 2026 at 1:17 PM
Uchumi Supermarkets will hold a creditors' meeting as part of its ongoing insolvency proceedings, according to Capital FM Business. The meeting forms part of Insolvency Petition No. IP 25 of 2018, which remains before the High Court of Kenya's Commercial and Admiralty Division. The Kenyan retailer has been undergoing insolvency processes since 2018, and the meeting marks another step in the long-running case involving its creditors.
Capital FM Business·September 9, 2026 at 6:50 AM