Key facts
- BC Partners Credit will provide up to $300 million in financing to LIV Golf.
- LIV Golf filed for Chapter 11 protection in September.
- The league aims to complete its restructuring by early 2027.
- The financing is subject to bankruptcy court approval.
- The proposed restructuring includes a player-first ownership model.
- The Public Investment Fund of Saudi Arabia (PIF) previously provided $5 billion in equity financing to LIV Golf.
LIV Golf has entered into a restructuring support agreement with BC Partners Credit, which has committed an initial investment and plans to provide up to $300 million in financing to the professional men's golf league. The financing is intended to help LIV Golf emerge from its court-supervised restructuring process on sound financial footing and with renewed momentum ahead of the 2027 season.
LIV Golf filed for Chapter 11 protection in New Jersey in September. The proposed transaction, which remains subject to bankruptcy court approval and customary conditions, aims to create a player-first ownership model where players become equity owners of both the league and its teams. The league anticipates completing its restructuring in early 2027.
The Public Investment Fund of Saudi Arabia (PIF), which previously provided approximately $5 billion in equity financing and a term loan facility to LIV Golf, announced in April 2026 that it would pivot its investment activity and no longer continue funding the league. PIF has agreed to provide $49.6 million in debtor-in-possession financing, subject to court approval. BC Partners Credit and other potential minority investors are expected to provide exit financing upon LIV Golf's emergence from chapter 11.