BC Partners Credit pledges up to $300 million to aid LIV Golf restructuring
BC Partners Credit announced an initial investment and a potential $300 million financing package to support LIV Golf's Chapter 11 restructuring ahead of the 2027 season.
BC Partners Credit disclosed that it has made an initial committed investment in LIV Golf and is prepared to extend financing up to $300 million. The capital is aimed at assisting the professional men's golf league as it navigates a Chapter 11 restructuring process that began in September and is expected to conclude in early 2027. According to a statement from partner Ted Goldthorpe, the goal is to position LIV Golf on solid financial footing and generate momentum for the 2027 season.
The financing will support a next phase in which players acquire equity stakes in both the league and its individual teams. The proposed funding remains contingent on approval by the bankruptcy court and standard financing conditions.
How this was covered
- Right-leaning outlets covered this 8h later
- The two sides describe this in almost entirely different words
Why it matters
The financing could determine whether LIV Golf survives its bankruptcy and returns for the 2027 season.
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