LIV Golf has secured a potential three hundred million dollar financing lifeline from BC Partners Credit as the organisation attempts to navigate a court-supervised restructuring process and salvage its upcoming 2027 season.
Following the withdrawal of multibillion-dollar capital backing from Saudi Arabia’s Public Investment Fund, the league filed for Chapter 11 bankruptcy protection in the United States in September.
The financial backing aims to secure a path forward for a redesigned competition model, under which participating athletes would transition into equity owners of both the league and individual teams.
While the exact capital required to launch the next calendar remains under evaluation, the agreement has extended player discussion terms until October twenty-fifth, with no obligation for competitors to automatically sign onto the new venture despite previous multi-year contracts.
Outlining the objectives of the financing, partner and head of BC Partners Credit, Ted Goldthorpe, said: “Our goal is to facilitate LIV Golf’s emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season.”
Highlighting the broader trajectory of the organisation, LIV Golf CEO, Scott O’Neil, shared: “This investment is an important step forward for LIV Golf.”
“We’re delivering on our major milestones, and while there is still work ahead, today marks meaningful progress toward a player-owned, team-focused, truly global league that complements the wider game and creates new opportunities for players, fans, partners, and the next generation of golfers,” he said.
Court documents filed during the proceedings revealed significant outstanding short-term debts, including at least forty-five million dollars owed to current and former participants for the third quarter of 2026, with major champions such as Jon Rahm and Bryson DeChambeau among the top thirty unsecured creditors.
To assist the interim administration, the Public Investment Fund has agreed to provide forty-nine point six million dollars in debtor-in-possession financing while formal restructuring terms are finalised.
Although the transaction remains subject to formal bankruptcy court approval and customary closing conditions, executive leadership remains optimistic regarding the commercial viability of the circuit’s next iteration.
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