LIV Golf, the Saudi-backed professional golf league, has reached bankruptcy after a turbulent timeline from its conception to its collapse, according to an Associated Press report published November 5, 2026.
The league, financed by Saudi Arabia's Public Investment Fund and led by figures such as Governor Yasir Al-Rumayyan and former CEO Greg Norman, launched with high-profile events including the LIV Golf Invitational in Chicago on September 18, 2022, and the Team Championship at Trump National Doral in Miami on October 19, 2023.
Later, under CEO Scott O'Neil, LIV Golf held the Maaden LIV Golf Virginia tournament at Trump National Golf Club on May 9, 2026. Star players like Phil Mickelson competed in events such as the Bedminster Invitational on July 29, 2022.
The AP timeline details the league's rapid rise, significant financial backing, and eventual bankruptcy filing, marking a dramatic end to a venture that disrupted professional golf.
