LIV Golf is considering filing for bankruptcy in an effort to restructure its debt burden and ease liquidity flows, a report Thursday indicated.
The revelation, reported by Flushing It Golf, is casting another shadow over future of the rebel golf league.
It comes just days after LIV Golf canceled one of its most highly financed and high-profile events, the $40 million Team Championship, as Breitbart News reported.
The Team Championship, which was scheduled to take place from August 27-30, becomes the second major LIV event to be canceled this year. The troubled global contest also nixed an event set for June in New Orleans.
LIV Golf branding at the JCB...
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