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Jon Rahm will leave LIV Golf after deeming the terms for LIV 2.0 “unacceptable”, his lawyer has told a bankruptcy court hearing.<\/b><\/p>\n
The league, which filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia withdrew its multibillion-dollar funding, has secured a possible $300m in financing from BC Partners Credit in order to try to move forward with the 2027 season.<\/p>\n
Spain’s Rahm was arguably the most high-profile name to join LIV when he left the PGA Tour in December 2023 for a deal worth a reported \u00a3222m ($300m).<\/p>\n
His lawyer, John Beck, told the hearing the 31-year-old “independently reviewed the terms of LIV 2.0 and determined those terms are unacceptable as to him”.<\/p>\n
It was later said that LIV and Rahm’s representatives are “in advanced discussions for a consensual separation agreement between Mr Rahm and LIV”. <\/p>\n
It is hoped this will be finalised by a court hearing on 5 November.<\/p>\n
LIV’s participants are owed at least $45m (\u00a333m) and have the option to leave.<\/p>\n
However, the agreement secures an extension for the league to discuss terms with its players, with talks now open until 25 October.<\/p>\n
More to follow.<\/b><\/p>\n<\/div>\n