LIV Golf Heads Toward Dissolution: A Chronology from 2021 to Today

The LIV Golf League is ending the journey it began in 2021 by entering a wind-down process five years later. In a statement made on Thursday, it was reported that the league will close before 2027.

The league's emergence led to a split in men's golf. Many players left the PGA Tour and the DP World Tour to join this new organization. The framework agreement reached between the PGA Tour, the DP World Tour and the Public Investment Fund of Saudi Arabia, however, was not enough to unite the sport under one roof.

In October 2021, LIV Golf Investments was officially announced, and Greg Norman was named the league's founding CEO. In March 2022, an eight-event schedule was announced, with a total prize fund set at £191.32m ($255m). In June 2022, the first event was held in London and was won by Charl Schwartzel. The same month, the PGA Tour suspended players who took part in the London event indefinitely.

In July 2022, the DP World Tour fined players who competed in LIV London £100,000 ($133,921). During the same period, LIV applied for its players to be awarded Official World Golf Ranking points. Henrik Stenson's decision to join the league led to his removal as captain of the European team for the 2023 Ryder Cup.