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LIV Golf's Bankruptcy Plan Relies On Player Equity Swap
Original: LIV Golf’s Bankruptcy Plan Relies On Player Equity Swap
LIV Golf's plan to emerge from bankruptcy reportedly hinges on swapping equity for player stakes, meaning golfers would receive ownership shares in the league. The proposal would tie players' compensation to the circuit's long-term financial health rather than guaranteed payouts alone. The story is drawing attention because of LIV Golf's high-profile bankrolling and its ongoing turbulence in professional golf.
Why now: LIV Golf's financial troubles and unusual plan to compensate players with equity are major news in the golf world
Evidence
- LIV Golf’s Bankruptcy Plan Relies On Player Equity Swap · Yahoo Sports
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