LIV Golf is shutting down after 5 years of controversy and backlash

Channel: CBS News

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Duration: PT210S

Read a transcript preview of “LIV Golf is shutting down after 5 years of controversy and backlash” from CBS News, uploaded on 2026-11-06.

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Language: English (original, YouTube automatic captions)

[0:00] After five years of big paychecks and

[0:02] lots of controversy in the golf world,

[0:04] Live Golf is shutting down. The Upstart

[0:06] Tour announced formal plans for

[0:08] liquidation yesterday. It was supposed

[0:10] to be a competitive challenge to the PGA

[0:12] Tour and had the initial backing of

[0:14] Saudi Arabia's sovereign wealth fund.

[0:16] Back in April, Saudi Arabia said it

[0:18] would no longer fund it. Attorneys for

[0:20] Liv said the tour was unable to get the

[0:22] financial and player support to succeed

[0:24] under a new format. Gabby Herszig is a

[0:27] staff writer for the athletic and covers

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