LIV Golf has ceased operations after a proposed $300 million investment deal failed to materialize, ending the Saudi-backed tour's run in professional golf. The collapse of the financial rescue package leaves the circuit without a viable path forward, according to reports from Miami on Saturday.
The tour, which had positioned itself as a rival to the established PGA Tour, attracted several high-profile players with lucrative contracts since its launch. However, sustained financial losses and the inability to secure long-term funding ultimately led to its dissolution.
