LIV Golf Secures Potential $300m Financing From BC Partners Credit to Exit Bankruptcy

BBC Sport•Published: Oct 6, 2026 12:32 PM IST

LIV Golf has secured a potential $300 million in financing from BC Partners Credit as part of its ongoing court-supervised Chapter 11 bankruptcy restructuring process. The newly announced funding aims to place the league on sound financial footing ahead of a planned relaunch for the 2027 season under a player-owned model.

Financing and Restructuring: The $300 million credit agreement will support the next phase of LIV Golf, subject to bankruptcy court approval and customary closing conditions.
Player Contracts and Debts: Participants are currently owed at least $45 million, including top creditors like Jon Rahm and Bryson DeChambeau, with player talks extended until October 25.
Ownership and Future: Under the proposed restructuring, players will become equity owners of both the league and its individual teams, with no obligation for previous multi-year contract holders to sign on.

The Context & Background

Founded in 2021 with backing from Saudi Arabia's Public Investment Fund, the golf league filed for Chapter 11 bankruptcy protection in September following the withdrawal of billions in funding. The financial turmoil forced the league to cut its 2026 season short and left the future of its star-studded roster shrouded in uncertainty.

Why it matters:This potential financial rescue represents a critical turning point for professional golf, determining whether a heavily backed alternative league can survive corporate restructuring. The shift toward a player-owned model could permanently reshape how golf leagues operate and influence where top global talent chooses to compete.

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