LIV Golf Secures $300 Million Credit Funding for Restructuring
· Sports · Sportstar, Fortune
LIV Golf has secured up to $300 million in credit funding from BC Partners to support its ongoing Chapter 11 bankruptcy restructuring. The professional men's golf league filed for protection in New Jersey in September and aims to complete the court-supervised process by early 2027. This financing is intended to strengthen the league's financial position and provide momentum for the 2027 season. Under the proposed restructuring, the league plans to transition players into equity owners of both the league and its teams. The funding remains subject to bankruptcy court approval and customary conditions.
Why it matters
The capital injection provides a financial lifeline for LIV Golf as it attempts to stabilize its operations and finalize a new ownership model for its players.
Read the original report — Sportstar
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