LIV Golf is set to announce on Thursday that it will wind down after a financing firm retracted its financial support for the golf series.
The decision follows the withdrawal of backing from the firm, which had supported LIV Golf’s financing. No further details about the reasons for the decision or the timetable for winding down were provided in the supplied material.
LIV Golf is expected to make the announcement on Thursday. The latest information does not indicate what arrangements will follow for the series, its players or future events.