Jon Rahm will leave LIV Golf after deeming the terms for LIV 2.0 “unacceptable”, his lawyer has told a bankruptcy court hearing.
The league, which filed for Chapter 11 bankruptcy protection in the United States in September after Saudi Arabia withdrew its multibillion-dollar funding, has secured a possible $300m in financing from BC Partners Credit in order to try to move forward with the 2027 season.
Rahm’s lawyer, John Beck, told the hearing the 31-year-old Spaniard “independently reviewed the terms of LIV 2.0 and determined those terms are unacceptable as to him”.
It was later said that LIV and Rahm’s representatives are “in advanced discussions for a consensual separation agreement between Mr Rahm and LIV”.
It is hoped this will be finalised by a court hearing on 5 November.
LIV’s participants are owed at least $45m (£33m) and have the option to leave.
However, the agreement secures an extension for the league to discuss terms with its players, with talks now open until 25 October.
Documents outlining the money owed to LIV Golf’s creditors with the 30 largest unsecured claims show that two-time major winner Rahm tops the list with an unsecured claim of $7.5m (£5.5m).
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