Northern Irish star listed as being owed almost $1million as LIV Golf files for Chapter 11 bankruptcy
Northern Ireland’s Tom McKibbin is currently owed just under $1million from LIV Golf through his Player Participation Agreement it has been revealed after the organisation began bankruptcy protection proceedings as it seeks to restructure.
A Chapter 11 petition, which is intended to “preserve the company’s business as a going concern”, was filed in the United States on Tuesday.
The breakaway league says it has found a new investor in BC Partners following the decision in April by Saudi Arabia’s Public Investment Fund (PIF) to pull its backing.
PIF has agreed to provide $49.6million in debtor-in-possession financing to support LIV during the restructuring.
BC Partners Credit and other potential minority investors are set to provide financing when LIV emerges from Chapter 11 and support the reorganised company, subject to court and stakeholder approval.
A host of star players are listed as being owed millions – Jon Rahm tops the pile at $7.47million while Bryson DeChambeau is owed $5.7 million and Dustin Johnson $5.5 million.
McKibbin is listed at number 27 on the list of creditors with the 23-year-old owed $973,000.
With LIV restructuring to a proposed player-first ownership model, McKibbin’s long-term golfing future currently remains unclear.
McKibbin joined LIV in January 2025, linking up with Rahm’s Legion XIII team, and has since earned over $11m in prize money.
He’s set to compete in this week's Irish Open at Doonbeg and will tee off at 1:15pm on Thursday afternoon.
McKibbin received high praise from Rahm, who backed him to make a run for inclusion in Europe’s Ryder Cup team – and he will have a chance to impress captain Luke Donald when they play together across the opening two days.
"He's got all the tools to win a major, and I hope he does someday,” said Rahm. “Technically, very few people are better than him at swinging the golf club,
"He'll keep gaining the right experience and definitely give himself a chance someday, but yeah, he has what he needs.
“He's a fantastic golfer and a great young man. I'm always very impressed by his composure.
“He always has a smile on his face. He's always happy. He's always content. He's not really - it's very difficult to rattle him and throw him off balance.
"With that aside, as well he's got great technique and great golf game. It's a joy to watch him play golf.
“Every time we're on the range warming up together, I always go up to his caddie, Rickie, and I tell him, 'Does he ever get bored of watching the same shot over and over and over?' because he really doesn't miss.
“I mean, it's a one-yard draw every single time. Beautiful swing and beautiful ball flight.
"Again, I don't think he needed much from me. He's not the most talkative person either. He's quite quiet, but very observant.
“He's learned more from observing what I do and what other players do rather than me talking. But he's a very impressive young man.”