Jon Rahm leaves LIV Golf over unacceptable restructuring terms
Summarised from 4 outlets · Updated 7 Oct, 18:14 · Archive
Golfer Jon Rahm is leaving LIV Golf after rejecting the terms for its proposed restructuring.
Jon Rahm's lawyer told a bankruptcy court that the golfer is leaving LIV Golf after finding the terms for LIV 2.0 'unacceptable'.
The Daily Mail reports that LIV Golf has informed most of its staff that their jobs have been terminated on Wednesday as uncertainty surrounds the troubled tour's future.
How it is being reported
- Former world No 1 Jon Rahm quits LIV before breakaway golf series’ relaunchTwo-time major winner is reportedly owed over £100m Tour filed for bankruptcy after Saudi funding withdrawn Jon Rahm is to quit LIV Golf due to the “unacceptable” terms offered for the proposed relaunch of the breakaway series. LIV is going through Chapter 11 bankruptcy proceedings in the US after Saudi Arabia’s Public Investment Fund withdrew support at the end of the season having spent $5bn (£3.7bn) in four years. Continue reading...Guardian Sport · 7 Oct, 18:46
- Rahm to quit LIV Golf over 'unacceptable' termsJon Rahm is to quit LIV Golf after deeming the terms offered for the proposed relaunch of the breakaway series “unacceptable”.Sky Sports · 7 Oct, 18:15
- Jon Rahm leaves LIV Golf over 'unacceptable' terms as bankrupt breakaway tour's future suffers major blowThe orgaisation has reportedly informed the majority of its staff that their jobs had been terminated on Wednesday amid the increasing uncertainty shrouding the embattled tour's future.Daily Mail Sport · 7 Oct, 17:55
- Rahm to leave LIV Golf over 'unacceptable' termsJon Rahm will leave LIV Golf after deeming the terms for LIV 2.0 "unacceptable", his lawyer has told a bankruptcy court hearing.BBC News · 7 Oct, 17:29
In this story: Jon Rahm · LIV Golf
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