Report: LIV Golf ‘facing bankruptcy’ as players offered equity in shock ‘LIV Golf 2.0’ plan

LIV Golf is reportedly facing bankruptcy in the coming weeks, according to multiple insiders cited by the Flushing It account run by Tom Hobbs, as the Saudi-backed league seeks new funding after PIF support ends this season. Players with outstanding payments on multi-year contracts have allegedly been approached about taking equity in a restructured 'LIV Golf 2.0' organisation, with offers varying based on player stature. Jon Rahm is described as the central figure in the situation, reportedly still owed a nine-figure sum from the deal he signed before joining LIV Golf for the 2024 season.