BC Partners Credit has committed up to $300m to support LIV Golf as the Saudi-backed circuit works through bankruptcy proceedings and seeks to secure funding for its planned 2027 season, according to a report by Bloomberg.
The initial financing is the first stage of a targeted $300m cumulative commitment from the credit arm of alternative investment firm BC Partners. The transaction remains subject to approval by a US bankruptcy court.
The financing could provide LIV with a crucial source of fresh capital after the golf tour filed for Chapter 11 bankruptcy in September. The league has said it needs additional funding to continue operating into 2027 after spending hundreds of millions of dollars on player recruitment and still owing money to some golfers.
BC Partners is positioning the financing as support for a new phase of the business dubbed “LIV Golf 2.0”. Under the proposed structure, players would receive equity stakes in both the league and its individual teams, giving them a direct financial interest in the tour’s future.
The ownership model is designed to strengthen LIV’s ability to retain existing players and attract further talent as it attempts to rebuild its finances and establish a sustainable long-term structure.
LIV has previously warned that its future depends on retaining enough players to compete in the 2027 season and that failure to secure sufficient participation could ultimately force the league to wind down.
