LIV Golf has secured a potential $300m windfall from BC Partners Credit as it looks to continue into 2027.
The league lost its multi-billion-dollar funding from Saudi Arabia’s Public Investment Fund (PIF) following the end of the 2026 campaign and filed for bankruptcy protection in the United States in September.
LIV hopes a court-supervised “restructuring process” can be completed early next year.
Current participants, who are owed millions of pounds, have no obligation to sign on for LIV 2.0 should it materialise.
Ted Goldthorpe, partner and head of BC Partners Credit, said in a statement: “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.”
Jon Rahm is one of the plyers owed millions of pounds
BC Partners Credit will support the next stage of LIV, under which players would become equity owners of both the league and its teams.
Major winners Jon Rahm, Bryson DeChambeau and Cameron Smith are among the players who signed on with LIV following its creation in 2021 having been lured over from the PGA Tour.
Those golfers are some of the creditors listed with unsecured claims – Rahm heads that with 7.5m (£5.5m).
LIV Golf CEO Scott O’Neil said: “This investment is an important ‌step forward for LIV Golf, and I want to thank Ted Goldthorpe and the entire BC Partners team for their conviction in what we’re building.
“We believe ‌deeply in the future of this league and in the opportunity to build something distinctive alongside our players.
“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.”
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