LIV Golf announces plan for liquidation, marking end of league
· Yahoo Sports
LIV Golf is officially done.
On the heels of BC Partners pulling its $300 million investment offer, LIV announced Thursday before a U.S. bankruptcy court in New Jersey that the league is moving into a liquidation phase.
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The liquidation plan still must be approved in a later court hearing, but Thursday’s announcement means that LIV 2.0, the league’s proposed next iteration following the pullout of Saudi funding, will not happen.