The story so far
- Rory McIlroy Accuses LIV Golf of Trying to Destroy DP World Tour6 sources
- LIV Golf's $300 Million Rescue Plan Reportedly Falls ApartYou are here
- LIV Golf Winds Down Operations in Bankruptcy Court15 sourcesLatest
Updated 35m ago · Sports
LIV Golf's $300 Million Rescue Plan Reportedly Falls Apart
BC Partners has abandoned its plan to finance a relaunched LIV Golf. The decision leaves the bankrupt league facing likely liquidation.
- $300 million in financing was on offer for a restructured LIV 2.0.
- 30 players had signed up or shown interest, per sources.
- LIV still lacked the binding player commitments required before the 2027 deadline.
- $5 billion-plus went into LIV from Saudi Arabia's Public Investment Fund.
Why it matters: LIV filed for Chapter 11 in September after the PIF said it would stop funding the league after 2026. BC Partners was the main path to keeping it alive.
- Stars including Jon Rahm and Sergio Garcia have already left.
- The bankruptcy filing showed large obligations to players and other creditors.
How 16 sources split on this story
Source landscape
Factuality
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Strong LeftLeftLean LeftCenterLean RightRightStrong Right
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Coverage by lean
16 sources · 20 articles · 50% Center coverage
Where they split: Coverage differs on the cause of the collapse: tight bankruptcy deadlines, disputes over player pay terms, or too little player interest.
Center coverage, 8 sources: The center frames this as the near-certain end of LIV, pointing to deadlines, player departures and the Saudi pullout.
Axios22hLIV Golf collapse imminentBBC News21hLIV Golf: Breakaway league to wind down after potential financial backers withdraw supportChicago Tribune18hLIV Golf’s financial backer dropping plan for new 2.0 league in 2027, report saysCNBC16hLIV Golf faces liquidation after BC Partners scraps rescue planESPN21hSources: BC Partners pulls out of LIV Golf financing deal - ESPNForbes20hMajor Setback For LIV 2.0 As BC Partners Pulls Out Of Financing DealHeavy22hLIV Golf’s Future in Jeopardy After $300 Million Rescue Plan Falls ApartUSA Today21hLIV Golf's survival in doubt with BC Partners set to back out of deal
Left coverage, 2 sources: The left frames this as a setback for the relaunch bid and notes golfers are split, with Rory McIlroy faulting LIV for an arms race.
Right coverage, 6 sources: The right frames this as a likely death knell for a rebel league that drew stars with nine-figure contracts.
New York Post17hLIV Golf 2.0 never stood a chanceBreitbart News15hLIV Golf Loses $300 Million Funding as Potential Shutdown LoomsDaily Mail21hLIV Golf relaunch collapses as $300M backers withdraw after last stars standing including Bryson DeChambeau refused to commitNewsmax21hLIV Golf Faces Liquidation After Losing BackingOutKick20hLIV Golf's new funding partner pulls out over lack of player commitment in huge blow to league: reportThe Daily Caller17hLIV Golf 2.0 Hit With Major Blow After Investment Firm Withdraws From Financing Deal: REPORT
What’s next: A bankruptcy court hearing on LIV's assets and contracts is set for Thursday.
- People involved in the case expect LIV to pivot to liquidation.
- Attention turns to where Bryson DeChambeau, the league's biggest star, plays next.
- Will LIV's players and creditors recover what they are owed?
- Will any LIV players return to the PGA Tour or DP World Tour?
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