LIV Golf files for bankruptcy

LIV Golf has filed for bankruptcy as the league seeks to restructure its finances and secure a potential return to competition in 2027.
The filing, which is known as a Chapter 11 in the United States, was made to a court in New Jersey, and was accompanied by details of a proposed restructuring agreement that could see majority ownership of LIV transferred to its players, representing a significant change to the league’s business model.Under the proposal, London-based private equity firm B