Source: New York Post
LIV Golf is reportedly planning on filing for bankruptcy in the coming weeks in order to restructure contracts and the debt burden it has. The news, reported by Flushing It Golf, is another detail amid the clouded future of the rebel golf league, which The Post’s Mark Cannizzaro reported Wednesday was on the verge of landing more than $250 million in investment. LIV Golf players who had outstanding contract payments — multi-year or rolling — have been approached with equity offers in the new version of the league, whatever that may look like, according to the Flushing It Golf’s report.
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