LIV Golf has reportedly secured a possible $300 million in financing from BC Partners Credit as it seeks to resume play in the 2027 season. The deal comes after the league filed for Chapter 11 bankruptcy protection in September, following Saudi Arabia’s Public Investment Fund (PIF) pulling its multibillion‑dollar support.
The court‑supervised restructuring process is expected to conclude in early 2027, but the exact amount of the $300 million required to launch the next schedule remains unclear. Players are owed at least $45 million in unpaid claims, and they retain the option to leave the league.
Under the agreement, the league has an extension to negotiate terms with its players, with talks open until 25 October. BBC Sport notes there is no obligation for players to sign onto LIV 2.0, even if they had previously committed to multi‑year contracts.
“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,” said Ted Goldthorpe, partner and head of BC Partners Credit. The credit firm, which finances middle‑market companies, said the funding would support a model where players become equity owners of both the league and its teams.
“This investment is an important step forward for LIV Golf,” said CEO Scott O’Neil in a statement. He added that the league is moving toward a player‑owned, team‑focused, truly global model that complements the wider game and creates new opportunities for players, fans, partners, and the next generation of golfers.
Since its controversial launch in 2021, Saudi Arabia’s PIF has spent more than $5 billion on LIV Golf, luring stars such as Jon Rahm and Bryson DeChambeau with lucrative contracts and prize money. The 2026 season ended early, and the future of the league and its star players remains uncertain.
The petition documents list the 30 largest unsecured claims against LIV Golf, with Rahm topping the list at $7.5 million. Other top claimants include DeChambeau ($5.7 million), Dustin Johnson ($5.5 million), Cameron Smith ($4.8 million) and Tyrrell Hatton ($3.4 million). The total owed to the 14 current and former LIV players in the top 30 creditors is just over $45 million.
PIF is providing a bankruptcy loan of $49.6 million as debtor‑in‑possession financing to help fund the restructuring. The $300 million financing from BC Partners Credit is still subject to bankruptcy court approval and customary conditions.
As the league navigates its restructuring, stakeholders will watch closely to see whether the new funding can bring stability and a viable schedule for the 2027 season.
