LIV Golf secures potential $300m investment
Summary
LIV Golf has secured a possible $300 million loan from BC Partners Credit to help continue its operations and prepare for the 2027 season. The golf league filed for bankruptcy protection in September after Saudi Arabia withdrew funding, and it owes players at least $45 million.Key Facts
- LIV Golf was founded in 2021 and launched its first season in 2022.
- The league filed for Chapter 11 bankruptcy protection in the U.S. in September 2026.
- Saudi Arabia's Public Investment Fund spent over $5 billion on LIV Golf before withdrawing support.
- LIV Golf owes its players at least $45 million and players can choose to leave the league.
- BC Partners Credit is offering up to $300 million funding, pending bankruptcy court approval.
- The agreement extends talks with players until October 25, 2026, with no obligation for players to continue.
- The new financing aims to make players equity owners of the league and teams.
- The 2026 season of LIV Golf ended early amid financial uncertainty and restructuring.
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