LIV Golf is winding down its operations rather than launching a new version of the league, according to an ABC News wire report. The report said the plan was described by a lawyer, and that the decision follows a lack of financial support for the league.
ABC News reported that the lawyer's account was given during a bankruptcy hearing, as stated in the headline of its report. According to the report's summary, the league will not proceed with a new version and will instead end its operations. The summary ties that choice to insufficient financial backing.
Several details are not contained in the material available for this story. The ABC News summary does not identify the court or the judge, does not state how much money is involved, and does not say when operations will stop. It also does not say what the lawyer said about players, staff, or contracts.
The account rests on a single outlet. No other reporting on the hearing was available for this story, so the details above come from ABC News alone and could not be checked against a second source. Where that outlet's report is silent, this story is also silent.
ABC News published its wire report on November 5, 2026, according to the timestamp attached to it. The headline and summary of that report were the only parts reviewed for this story.
Sources: ABC News: LIV Golf is winding down operations, lawyer says in bankruptcy hearing.