NEW YORK — LIV Golf has filed for bankruptcy protection in the United States, a move that will allow contracted players to leave as the circuit plans to launch its new league early next year.
The organization confirmed its intention to start the new league early next year following the filing, which provides legal protection while it restructures. Under the terms of the process, LIV players are free to exit their contracts and explore opportunities elsewhere without restriction.
The filing marks a significant shift in the structure of the Saudi-backed breakaway circuit, which has operated outside the traditional tours since its launch. Allowing players to leave removes a central point of contention that has defined its legal and competitive standoff with established tours.
With the new league targeted for early next year, LIV will now focus on its reorganization and future format while players weigh their next steps. The development opens the door for potential movement between tours ahead of the next season as the professional golf landscape prepares for further change.