US Lender Steps In as Carbon Revolution Faces $347 Million in Losses
LIV Golf is preparing for a possible U.S. bankruptcy filing if it cannot raise new funding, Bloomberg reported. Saudi Arabia’s Public Investment Fund plans to stop financing the league after the 2026 season. LIV is seeking up to $250 million from outside investors before the current season ends in August. The league has not filed for bankruptcy and declined to confirm the report.