Key Points
Kooyonga demands LIV Golf decision by November 6 on 2027 Adelaide tournament.
South Australian treasurer admits event is now looking unlikely to proceed.
LIV Golf filed for bankruptcy after losing Saudi Arabia's financial backing in September.
North Adelaide Golf Course $45 million redevelopment's future now uncertain.
Kooyonga Golf Club filed a motion in US bankruptcy court on October 1 demanding LIV Golf confirm by November 6 whether it will host the 2027 Adelaide tournament. South Australian Treasurer Tom Koutsantonis told ABC Radio the event is “looking unlikely” to proceed. LIV Golf filed for Chapter 11 bankruptcy in September after losing financial backing from Saudi Arabia’s Public Investment Fund.
Why Kooyonga went to court
Kooyonga is set to host LIV Golf Adelaide for the first time from March 18-21, 2027, after four years at The Grange Golf Club. The club filed the motion seeking protection under Chapter 11 bankruptcy law and demanding LIV cover projected costs including out-of-pocket expenses and booking fees. “Under Chapter 11, a company can otherwise take a long time to decide whether to continue with its existing agreements,” Kooyonga said in a statement.
LIV’s financial collapse and restructuring
LIV Golf filed for bankruptcy in September after Saudi Arabia’s Public Investment Fund withdrew financial backing. CEO Scott O’Neil is now pursuing a new investment deal with BC Partners that depends on major players signing contracts by around October 13. The proposed LIV 2.0 will operate with vastly reduced prize purses across 10 events annually, with Australia and South Africa as flagship tournaments.
Government and player uncertainty
Treasurer Koutsantonis said Kooyonga was “right to be asking these questions” but stopped short of backing the event. Leading LIV stars Jon Rahm and Cameron Smith remain uncommitted, with Smith telling the Sydney Morning Herald he “needs a few more answers” before deciding. South Australian Greens leader Robert Simms questioned why the government should spend millions redeveloping North Adelaide Golf Course for a tournament “unlikely to go ahead.”
What’s at stake for Adelaide
LIV and South Australia have a deal to stage events through 2031. Kooyonga is set to host once in 2027 before the tournament moves to the $45 million redeveloped North Adelaide Golf Course from 2028. The court is expected to rule on Kooyonga’s motion by November 6, giving the club and government clarity before major planning and spending decisions.
Final Thoughts
Kooyonga’s court filing forces LIV Golf to decide within five weeks whether Adelaide’s 2027 tournament will happen. With the event now officially “unlikely” and major players uncommitted, South Australia faces hard questions about its golf course investment.
FAQs
Kooyonga filed a motion to force LIV Golf to confirm by November 6 whether the 2027 tournament will proceed, protecting itself from bearing costs for an event that may not happen.
LIV Golf must confirm by November 6, 2026 whether it will proceed with the March 18-21, 2027 tournament at Kooyonga Golf Club.
LIV Golf filed for Chapter 11 bankruptcy in September after Saudi Arabia’s Public Investment Fund withdrew financial backing, forcing a restructure with lower prize purses.
The $45 million redevelopment is planned to host LIV Golf from 2028 onward, but its business case is now questioned if the 2027 tournament does not proceed.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
About Author

Danny Kontos
Co FounderDanny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.
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