The rebel LIV Golf tour is on the verge of collapse after a last-ditch effort to refinance it was abandoned, leaving South Australian Premier Peter Malinauskas to concede the Adelaide event was dead and defend the state’s investment.
The rebel golf tour began in 2022, with Australian golfing champion Greg Norman its inaugural chief executive and public figurehead, but filed for bankruptcy in September in a deliberate move as part of a restructuring push. Several high-profile players then abandoned the tour including former World No.1 John Rahm and Sergio Garcia.
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