Tranlate this title Liv Golf, according to Financial Times it’s over in spanish

It’s not just any source that’s declaring this, but none other than the renowned Financial Times: according to the newspaper, «Liv Golf is expected to file for bankruptcy next week.» Meanwhile, as was easy to assume, the Saudi league has recently sent various proposals to players on the circuit, who, according to sources, have been divided into three groups: those who might accept a deal, acquiring a stake in a currently hypothetical League 2.0; those who would accept a deal but decide not to join the new league; and those who are the most combative and will pursue legal action to recover outstanding payments.

Saudi Arabia’s Public Investment Fund (PIF) is expected to finance a $100 million loan for the bankruptcy proceedings, known as «debtor in possession,» and is aiming for «a clean handover.»

Liv Golf, news

Unfortunately, however, several players have yet to receive the prize money due for the season-ending event held in Indianapolis, and thus for what is now known as League 1.0. Internal sources within the PIF claim that the transfers will be made this Friday.

We’ll see. Meanwhile, several lawsuits have been filed against LIV Golf by unpaid suppliers, and the league has announced that several staff members will be laid off this week.

The Rules of Golf are a set of standards and procedures by which the sport should be played. They are jointly written and administered by the Royal & Ancient Club of St. Andrews, the governing body of golf worldwide, except in the United States and Mexico, which are governed by the United States Association. An expert committee composed of members of the R&A and the USGA oversees and refines the rules every four years. The latest revision took effect on January 1, 2016. Amendments to the Rules are generally divided into two main categories: those that improve understanding and those that reduce penalties in certain cases to ensure balance. The rulebook is published regularly and also includes rules governing amateur status. In Italy, the Italian Golf Federation is responsible for overseeing competitions by enforcing the rules issued by the R&A, ensuring that these rules are observed by clubs, associations, and their members, and managing the resulting sporting justice, protecting their interests abroad.