LIV Golf has taken another major step toward its next chapter, with fresh investment now giving the controversial league a clearer path forward as it prepares for the 2027 season.
The development comes as LIV continues its restructuring following the end of direct financial backing from Saudi Arabia’s Public Investment Fund, with a new model now beginning to take shape.
BC Partners Credit has announced an initial committed investment in LIV Golf as part of a targeted $300 million financing package, providing the league with an important boost as it works toward emerging from bankruptcy proceedings.
Perhaps the biggest change, however, could be the role players are set to have in the league’s future.
Under the proposed structure, LIV players will have the opportunity to become equity owners in both the league and their individual teams. That would give the players a direct financial stake in the success of the competition they are helping to build.
BC Partners Credit Partner and Head of Credit Ted Goldthorpe said the investment is intended to put LIV on stronger financial footing while creating a model that gives players a greater role in the league.
“Our goal is to facilitate LIV Golf’s emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season,” Goldthorpe said.
He also emphasized the importance of player ownership, saying those who make the league what it is should have the opportunity to share in what they help build.
“Giving players real and actionable ownership in the League and the teams is a unique opportunity in professional golf,” Goldthorpe said.
The new investment could also have an impact on the decisions facing LIV’s biggest stars.
As the league prepares for its proposed new era, it remains unclear which players will commit to LIV 2.0 and which could decide to explore opportunities elsewhere.
The deadline for players to sign with the restructured league has now been pushed back from October 13 to October 25, giving them nearly two additional weeks to consider their futures.
LIV CEO Scott O’Neil welcomed the latest development and described the investment as an important step toward the league’s long-term plans.
“This investment is an important step forward for LIV Golf,” O’Neil said, thanking Goldthorpe and BC Partners for their confidence in the project.
O’Neil also reiterated LIV’s ambition to create a player-owned, team-focused global league that can operate alongside the wider professional game.
The restructuring comes after the Saudi Public Investment Fund ended its direct investment in LIV following the 2026 season, bringing an end to the financial backing that helped launch and establish the league.
LIV now hopes to build a more sustainable business model around its teams, players and global fanbase. The league also plans to continue developing its team-based product while expanding grassroots initiatives with nations, cities and golf’s governing bodies.
However, the latest financing is not yet completely finalized. The BC Partners investment remains subject to Bankruptcy Court approval and customary conditions.
Even so, the announcement represents a significant milestone for LIV Golf.
With the first stage of the targeted $300 million financing package now in place, the player deadline extended and equity ownership being offered to competitors, LIV Golf 2.0 is beginning to take shape.
The biggest question now is whether the league’s leading stars will decide to be part of it.
