00:00Live Golf could file for bankruptcy protection as early as the week of September 7, according to the Financial Times.
00:07The report says the league is negotiating its next steps as funding runs out.
00:12Saudi Arabia's Public Investment Fund, PIF, is set to end its financial backing after the 2026 season.
00:20Last week, Live Golf laid off most of its workforce while searching for new funding.
00:25The league has reportedly offered settlements to players owed guaranteed contracts worth millions, with offers totaling only a few cents
00:34on the dollar.
00:35Since launching in 2022, PIF has invested more than $5 billion into Live Golf.
00:42The bankruptcy filing is reportedly expected to take place in New Jersey federal court.
00:48Neither Live Golf nor the PIF has officially commented on the report.
