LIV Golf to shut down after last-ditch rescue funding collapses

LIV Golf, the breakaway circuit that shook up world golf in 2022, will liquidate after a last-ditch financing rescue fell apart. Its future had been in doubt since Saudi funding was pulled and big-name players departed. LIV said an orderly wind-down was the most responsible path, but it remains open to any value-maximising alternatives from third parties.