LIV Golf League appears to be over after five years after it was announced it will enter liquidation.

Its arrival earlier in the decade sparked division and debate in a fractured men's game, with players leaving the PGA Tour and DP World Tour to join the breakaway circuit.

A shock framework agreement between the PGA Tour, DP World Tour and Saudi Arabia's Public Investment Fund (PIF) was unable to unify men's golf, with LIV Golf facing fresh challenges to retain its place in the sport, and on Thursday it was announced it will "wind down" ahead of 2027.

LIV Golf Investments was officially announced and two-time Open champion Greg Norman revealed as the league's founding CEO.

In an interview with , Phil Mickelson criticised the PGA Tour's policy on player media rights. He said: "It was the tour's obnoxious greed that has really opened the door for opportunities elsewhere." He later told journalist Alan Shipnuck that the Saudis were "scary m************ to be involved with".

LIV Golf announced it would launch an eight-tournament schedule on June 9, titled the LIV Invitational Series. The total prize pot for the eight events was set at £191.32m ($255m).

Norman branded the PGA Tour "anti-competitive", after the US circuit denied players their release requests to play in LIV Golf events. Former Masters champions Dustin Johnson and Sergio Garcia were revealed among the first group of players to tee up at LIV's inaugural event in London.

Mickelson confirmed he would play in LIV Golf's first event, won by Charl Schwartzel. The PGA Tour sent a letter to its members announcing those in the field at LIV Golf London were suspended indefinitely. Bryson DeChambeau and Brooks Koepka both joined the breakaway league ahead of its second event.

The DP World Tour issued fines of £100,000 ($133,921) to LIV players who featured in LIV Golf London. Meanwhile, LIV Golf submitted an application for its players to be given Official World Golf Ranking (OWGR) points.

Henrik Stenson sent shockwaves through the golfing world by joining LIV Golf and was subsequently stripped of his role as Team Europe's captain for the 2023 Ryder Cup in Italy.

A group of 11 LIV Golf players, including Mickelson, Ian Poulter and Johnson, filed an antitrust lawsuit against the PGA Tour. LIV Golf later joined the lawsuit. After winning The Open at St Andrews and at the end of the PGA Tour season, Cameron Smith became the latest player to join LIV Golf.

Rory McIlroy likened LIV Golf to a "soap opera" and said his relationship with some of his Ryder Cup team-mates who joined LIV had been damaged.

The PGA Tour filed a federal lawsuit against Saudi Arabia's Public Investment Fund (PIF) and Yasir Al-Rumayyan, the governor of the PIF.

McIlroy called for Norman to leave the rebel league and Tiger Woods also encouraged Norman to go in order for a peace settlement to be negotiated.

Augusta National chairman Fred Ridley confirmed eligible LIV Golfers could play at The Masters. Jon Rahm said PGA Tour players should be 'thankful' for LIV.

Patrick Reed and McIlroy were involved in the 'tee-gate' saga, where Reed flicked a 4Aces GC tee at the Northern Irishman after the American accused McIlroy of ignoring him.

The DP World Tour and LIV Golf went to court for an arbitration hearing, held over five days.

The DP World Tour won its legal battle against players who elected to join LIV Golf, enabling them to impose £100,000 ($134,706) fines against LIV players for competing in conflicting events.

Koepka became the first LIV Golfer to win a major at the PGA Championship, lifting the Wanamaker Trophy for a third time.

The PGA Tour, DP World Tour and PIF announce a shock 'framework agreement', where the organisations ended all pending lawsuits and said they wanted to cooperate to "unify the game of golf".

McIlroy hit back at the announcement, saying he felt like a "sacrificial lamb", while PGA Tour commissioner Jay Monahan faced calls to resign.

LIV Golf lost its initial bid to be awarded OWGR points.

Rahm, who won The Masters in April, joined LIV Golf for a deal reportedly worth up to £450m ($607.7m).

Tyrrell Hatton follows Rahm to LIV Golf for a then-reported fee of £47.3m ($60m).

Anthony Kim ended a 12-year absence from professional golf by joining the breakaway league. McIlroy softened his stance on LIV Golf, saying players who joined the rebel league should be allowed to come back to the PGA Tour.

Norman confirmed LIV Golf had withdrawn its application for OWGR points. Woods formed part of a delegation of PGA Tour members to meet with LIV Golf powerbrokers, including Al-Rumayyan, in the Bahamas, to discuss the merger. PGA Tour commissioner Monahan said the talks were "constructive".

McIlroy denied claims he was previously close to joining LIV Golf.

DeChambeau claimed a one-shot victory at the US Open, following Koepka as the second LIV player to win a major, after McIlroy's dramatic late collapse at Pinehurst No 2.

The PGA of America confirmed LIV Golfers would be eligible to play for Team USA at the Ryder Cup the following year.

Monahan and Al-Rumayyan played together at the Alfred Dunhill Links Championship, signalling that merger talks were progressing.

Norman was replaced as LIV Golf's CEO by Scot O'Neil. McIlroy praised Norman for "getting LIV Golf off the ground".

Woods joined Al-Rumayyan and Adam Scott for talks at the White House with US President Donald Trump regarding the ongoing merger.

Monahan said Trump's involvement in ongoing talks between golf's key stakeholders made the prospect of a reunification between the tours "very real".

Having launched a fresh bid for OWGR points in July, LIV looked to enhance its push by expanding from 54-hole events to a 72-hole format, a move which McIlroy called "peculiar".

Koepka announced he was leaving LIV Golf due to personal reasons. He then confirmed his return to the PGA Tour via the Returning Member Program, where he was subjected to certain conditions and required to make a £3.7m ($5m) donation to charity.

Reed also confirmed his departure from LIV Golf and returned to play on the DP World Tour.

LIV Golf was granted world ranking points by the OWGR, but the breakaway league's bosses criticised the allocation of ranking points LIV players could receive - only the top 10 and ties - as "unfair".

The DP World Tour offered conditional releases to eight members, including Hatton, provided they paid off their outstanding fines. Rahm insisted he had "no intention" of paying his fines.

Rahm withdrew his appeal against sanctions imposed by the DP World Tour for playing in conflicting LIV Golf events. His fines were believed to be around £2.2m ($3m). He said the tour's conditional release programme was "extorting players".

The PIF confirmed it was pulling its funding of LIV at the end of 2026 but it was funded through the rest of the season. LIV released a statement saying it was looking for external investors to finance the series going forward. PGA Tour commissioner Brian Rolapp said the tour was thinking about pathways to reinstate LIV players.

Rahm agreed to pay his outstanding DP World Tour penalties and ensure he remained eligible to play at the 2027 Ryder Cup. Elsewhere, US President Trump backed LIV Players to return to the PGA Tour.

DeChambeau said his future on the PGA Tour depended on whether players wanted him back, as speculation mounted over whether he would agree a new LIV Golf contract.

Rahm said he was hopeful LIV Golf could continue but was tight-lipped on what the future would hold for the league.

After much speculation, LIV Golf CEO O'Neil said the league had found a new lead investor, although was unable to provide details. The league also said players would become majority equity holders.

LIV Golf finally confirmed its season-ending Team Championship in Michigan would no longer go ahead, following weeks of speculation, seeing the 2026 campaign finish a week early in Indianapolis.

The league informed 'the majority of its workforce' that their employment under LIV 1.0 would end, having previously warned of redundancies earlier in the year.

LIV Golf filed for bankruptcy protection in the United States but reiterated its intention to start a new version of the league, dubbed LIV 2.0, from 2027. Rahm and DeChambeau are listed as the players still owed the most.

A representative for Rahm told a bankruptcy hearing that the Spaniard did not intend to participate in LIV 2.0, with the 2023 Masters champion deeming the terms for the league's proposed relaunch to be "unacceptable".

LIV Golf confirmed it plans to wind down operations and enter the liquidation phase, instead of launching a new version, because of a lack of financial support.

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