LIV Golf collapse imminent
Summary
LIV Golf’s effort to secure new investment has fallen apart after BC Partners withdrew from a tentative deal. The league is expected to move toward liquidation after failing to gain enough player support to meet deadlines in its bankruptcy case.Key Facts
- LIV Golf filed for Chapter 11 bankruptcy protection in September.
- Saudi Arabia’s Public Investment Fund said it would stop funding LIV after the 2026 season.
- BC Partners withdrew from a tentative plan to invest in a proposed version of the league called LIV 2.0.
- At least 30 players had indicated interest in joining the proposed league, but disagreements over financial terms remained.
- LIV did not secure enough support by deadlines in the bankruptcy case.
- Jon Rahm and Sergio Garcia were among several prominent players who recently left the league.
- People involved in the case expect LIV to pursue liquidation.
- The article identifies Bryson DeChambeau’s next move as an open question.
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