LIV Golf files for bankruptcy, plans new league launch early next year

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LIV Golf has filed for bankruptcy protection in the United States, marking a significant financial development for the Saudi-backed golf circuit. Following the filing, players affiliated with LIV Golf will reportedly have the option to leave the organization. Despite the bankruptcy proceedings, LIV Golf has stated its intention to launch a new league in the early part of next year. The move signals a major restructuring effort for the breakaway golf tour, which has been a controversial presence in professional golf since its launch.

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