LIV Golf is reportedly facing liquidation after losing the financial backing of BC Partners, the private equity firm that had committed approximately $300 million to sustain the league.
According to an Associated Press report, BC Partners has withdrawn its planned investment, leaving the Saudi-backed golf circuit without a critical funding source. The firm had previously pledged up to $300 million to keep LIV Golf operational.
The development casts serious doubt on the future of the league, which has operated since 2022 as a rival to the PGA Tour. LIV Golf has relied on substantial financial support from Saudi Arabia's Public Investment Fund, but the loss of BC Partners' commitment represents a significant setback.
