LIV Golf 'preparing for bankruptcy' as emergency plans revealed ahead of season end

LIV Golf is reportedly preparing for a potential bankruptcy filing in the United States after losing funding from the Saudi PIF.

There are now only five individual and team championship events remaining in the 2026 LIV Golf season, which will come to an end in August.

Following the end of the 2026 season, the future of the PGA Tour rival remains uncertain after Saudi Arabia's Public Investment Fund confirmed it will withdraw its multi-million-pound funding of LIV Golf just five years after the breakaway league was founded.

In a statement released in the days following the announcement, LIV said it was attempting to “secure long-term financial partners” with a view to safeguarding the future of the league following the Saudi funding cut.

However, it now appears that league officials are preparing to potentially file for bankruptcy in the US, with a total closure on the cards when the season ends in a few months.

As reported by Bloomberg, LIV management and advisers are working on two strategies ahead of the season end, looking for new investors and a contingency plan that includes Chapter 11 bankruptcy proceedings should they fail to receive financial support.

Sources told the outlet that bankruptcy remains a "last resort" but plans to set down the groundwork for bankruptcy is now underway.

As part of these plans, the league are considering moving its headquarters from London and Riyadh to the USA in order to take advantage of the country's bankruptcy laws.

What will happen to LIV Golf players if the league declares bankruptcy?

The likes of Jon Rahm, Bryson DeChambeau, Phil Mickelson, Dustin Johnson and Cameron Smith remain signed with LIV Golf and will all no doubt be considering their futures amid the rumours.

If the league is to declare bankruptcy and collapse, each of the players' deals would be rendered null and void, leaving the door open for an exciting return to the PGA Tour.

However, it remains to be seen who, if any, of the players would return to the American league, with DeChambeau in particular believed to be considering various options, including going full-time with content creation.

“I'm in that weird space right now, I don't know what to do, either: Content creation or professional golf. I don't know what to do right now," DeChambeau said on The Katie Miller Podcast.