What changed
LIV Golf has secured possible $300m in financing from BC Partners Credit as it tries to stage a 2027 season during Chapter 11 restructuring.
The deal still needs approval from a US bankruptcy court. Player talks remain open until 25 October, and players are not required to join “LIV 2.0”, even if they previously signed multi-year contracts.
Why it matters
This is a lifeline, not a finished rescue. LIV’s 2026 season ended early after Saudi Arabia withdrew its multibillion-dollar funding, and the league filed for bankruptcy protection in September.
The new money gives LIV more time to negotiate with players and reorganise its finances. But the scale of the problem is clear: current and former players among the 30 largest unsecured creditors are owed just over $45m. Jon Rahm’s claim is $7.5m, while Bryson DeChambeau’s is $5.7m.
Saudi Arabia’s Public Investment Fund is separately providing $49.6m in bankruptcy financing to keep the restructuring moving.
The proposed reset would make players equity owners in both the league and its teams. That could give LIV a stronger reason to keep its biggest names involved, but participation in 2027 remains unsettled. The court must approve the financing, and the league has not said how much of the $300m it actually needs to run next season.
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