LIV Accuses DP World Tour of Bankruptcy Interference — SkimNews
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- LIV Golf accused the DP World Tour of interference in its US Bankruptcy Court proceedings, with attorney Robert Fitzgerald telling Judge Michael B Kaplan's court the timing was "a clear attempt to interfere with our process, with our players and potentially our reorganisation writ large"
- Judge Michael B Kaplan approved LIV's motion to reject the current contracts of 19 golfers — including Bryson DeChambeau, Dustin Johnson, Bubba Watson and Lee Westwood — freeing them to re-sign with LIV 2.0 on new terms or pursue options elsewhere
- LIV 2.0 is attempting to relaunch next year with funding from BC Partners Capital after Saudi Arabia's Public Investment Fund withdrew its backing after ploughing in $5bn (£3.7bn) over four years, forcing the Chapter 11 filing
- DP World Tour confirmed a harder line than previously, with CEO Guy Kinnings declaring any player committing to LIV 2.0 ineligible for Tour membership and therefore Ryder Cup contention — framed in the source as "an attempt to deliver the final blow to LIV's fading hopes of survival"
- Jon Rahm was released and gave up all claims against LIV's bankruptcy estate reported at up to $150m (£113m); LIV surrendered rights to his name, image and likeness while Rahm retained control of his Legion XIII team's IP and trademarks
- The next bankruptcy hearing is scheduled for October 20, with a player commitment deadline agreed between LIV and BC Partners set for October 25
Why it matters: LIV's relaunch as "LIV 2.0" backed by BC Partners now hinges on whether star players will accept permanent exclusion from the DP World Tour and the Ryder Cup, with Jon Rahm alone surrendering claims worth up to £113m to exit — underscoring how costly the breakaway gamble has become and why LIV views the Tour's timing as anything but coincidental.
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