LIV Golf Set to Enter Liquidation, Ending Its Five-Year Run

LIV Golf, the breakaway tour that shook professional golf when it launched with heavily funded contracts and a rival schedule, appears to be finished. The league has announced that it will enter liquidation, bringing an end to a project that has run for roughly five years.

The collapse is a sharp turn for a competition that arrived with large purses and guaranteed money designed to lure players away from the established tours. Its arrival split the men's game, set off lengthy legal and political disputes, and pushed rival organizations to rethink how players are paid and how events are scheduled.

Liquidation is a formal wind-down, so the immediate questions are practical. What happens to contracted players, team owners and staff? How will any remaining obligations be settled? The answers will determine how cleanly the tour exits and whether any of its formats or events survive in another form.

For fans and the wider market, the story is a reminder that big money alone could not guarantee a permanent place in the sport's structure. Expect statements from the league, its backers and the tours it competed with in the coming days.