LIV Golf, the Saudi-backed professional golf league, has traced a rapid trajectory from its conception to a reported bankruptcy filing, according to a timeline published by the Associated Press on November 5, 2026. The league, financed by Saudi Arabia's Public Investment Fund and led initially by CEO Greg Norman, launched its first invitational event in Chicago on September 18, 2022, with Governor Yasir Al-Rumayyan in attendance.
Major tournaments followed, including the Team Championship at Trump National Doral in Miami on October 19, 2023, and the Maaden LIV Golf Virginia event at Trump National Golf Club in Sterling, Virginia, on May 9, 2026, overseen by then-CEO Scott O'Neil. High-profile players such as Phil Mickelson competed in the Bedminster Invitational at Bedminster, New Jersey, on July 29, 2022.
The timeline highlights the league's ambitious schedule and significant Saudi investment, culminating in financial difficulties that led to bankruptcy proceedings. Details of the bankruptcy filing were not specified in the available photo captions.



