NEW YORK — LIV Golf has filed for bankruptcy protection in the United States, marking a significant shift for the breakaway circuit as it attempts to restructure for a planned "new era" in 2027. Court documents reveal the organization holds assets between $100m and $500m against liabilities ranging from $500m to $1bn. The league currently owes at least $45m to 14 current and former players, leaving the future of its roster in flux.
The DP World Tour confirmed it has received a "high volume" of interest from LIV golfers seeking to return to traditional circuits. A spokesperson for the DP World Tour stated: "Given the high volume of inbound interest and enquiries we have received in recent weeks, we are exploring the terms on which we are willing to accommodate players, provided they are free from third-party contractual restrictions and are willing to abide by our membership regulations."
Star players, including Jon Rahm and Bryson DeChambeau, are no longer obligated to fulfill their contracts, allowing them to pursue options outside of the proposed "LIV 2.0" model. While Brooks Koepka successfully returned to the PGA Tour in 2026, the process involved a $5m charitable donation and significant restrictions on equity programs. PGA Tour CEO Brian Rolapp has indicated there are currently no plans to replicate that returning member program, leaving players to navigate complex pathways back to the sport's established tours.
LIV 2.0 aims to operate under a more sustainable business model, with proposed tournament prize funds of approximately £7m. Plans for the restructured league include expanding field sizes from 57 to 75 players, introducing Monday qualifying, and implementing halfway cuts. However, with the original LIV venture having split the sport following a $5bn outlay, the ability of the new iteration to attract top-tier talent remains uncertain.