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LIV Golf files for bankruptcy protection in the US

The Saudi-backed LIV Golf league filed for bankruptcy protection, saying it intends to restructure with a $49.6 million loan from Saudi Arabia's Public Investment Fund, according to Al Jazeera.

· 1 min read · language: en

LIV Golf, the Saudi-backed golf league, filed for bankruptcy protection in the United States, Al Jazeera reported.

The league said it intends to restructure its business with the help of a $49.6 million bankruptcy loan provided by Saudi Arabia's Public Investment Fund, according to the report.

BankruptcyGolfLiv Golf

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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