BC Partners Credit abandons LIV Golf relaunch
BC Partners Credit has abandoned plans to relaunch the LIV Golf tour following a lack of player commitment and funding uncertainty. The tour will now move toward liquidating its remaining assets after failing to secure the necessary support for a 2027 season.
Why it matters
This marks the effective end of the LIV Golf project, which had previously disrupted the professional golf landscape.
LIV 2.0. appears to be dead. The Financial Times’ Sujeet Indap reports BC Partners Credit has ended its bid to relaunch LIV Golf after its bankruptcy filing in September. Sources tell Indap that the private capital firm faced a deadline to demonstrate enough player support to operate the tour in 2027. The group was prepared to inject as much as $300 million into the new venture. The interest wasn’t there. Not enough golfers were willing to commit with the uncertainty surrounded LIV 2.0 and a severing of the arrangement that would allow LIV players to play on the DP World Tour. FP had previously reported BC Partners received only 15 commitments. Abandoning the relaunch means that the tour will now seek liquidation for its remaining assets.
Headlinne story · 3 newsrooms
LIV Golf Relaunch Plan Collapses After Failing to Attract Enough Players
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