LIV Golf paid $15 million to retain executives before filing for bankruptcy, court records show

LIV Golf paid $15.6 million to retain seven of its executives, including $6.375 million to CEO Scott O'Neil, in the months between Saudi Arabia's sovereign wealth fund saying it was ending financial support and LIV filing for Chapter 11 bankruptcy. The payments are part of a trove of documents filed late Thursday in US Bankruptcy Court in New Jersey. They included 129 payments to creditors in the 90 days before LIV's bankruptcy filing and $26 million to Jon Rahm in the year before the Sept. 8 fi

Source: The Korea Herald