With Chapter 11 bankruptcy proceedings underway and BC Partners circling, Jon Rahm’s decision to walk away deals a lethal blow to the rebel circuit.
The financial fault lines running through men’s professional golf have finally ruptured into full-blown insolvency.
Rahm’s planned exit follows LIV Golf’s formal Chapter 11 bankruptcy filing on September 8, a filing that stripped away any lingering illusions about the league’s long-term…
The departure comes against the chaotic backdrop of high-stakes court filings. LIV Golf and private equity firm BC Partners have filed a restructuring support agreement in…
With Chapter 11 bankruptcy proceedings underway and BC Partners circling, Jon Rahm’s decision to walk away deals a lethal blow to the rebel circuit.