LIV Golf secures €300 million investment for its new project LIV Golf is going through a decisive period as it seeks to define its future after Saudi Arabia decided to stop injecting money into the circuit following the end of the season. Amid this transformation, financial company BC Partners Credit announced a €300 million investment to support the project known as LIV 2.0, a new structure through which the competition aims to achieve financial stability and establish itself beyond 2026.
The announcement comes just one month after LIV filed for bankruptcy protection with a court in New York and outlined the first elements of its new model. The proposal includes significant changes to the relationship between the circuit and its main players, particularly through a formula that would make golfers co-owners of both the league and its teams. The intention is also to give players an active role in decisions concerning the development of the competition.
BC Partners Credit backs LIV Golf restructuring
BC Partners Credit explained that the €300 million will be used to facilitate LIV’s restructuring on a financial basis that the company describes as solid and sustainable. The objective is to secure the project’s continuity from 2027 onward, at a time when the circuit needs to establish a different economic structure following the withdrawal of Saudi financial backing, which had been fundamental since its creation in 2022. The arrival of this private capital therefore introduces a new player into the league’s rebuilding process and seeks to provide the resources needed for LIV to move into its next stage.
For the financial company, one of LIV’s main strengths lies precisely in the format that has differentiated the circuit within professional golf. Team-based tournaments and the absence of a cut create an experience different from that of traditional circuits, a model that BC Partners Credit believes can complement the global golf ecosystem. Its director, Ted Goldthorpe, also argued that giving players a genuine stake in the league and its teams represents an opportunity to align their interests with the long-term development of the competition.
Players and teams at the heart of LIV 2.0
The transformation proposed by LIV is not limited to finding a new source of funding. One of the central elements of the project is to change the position players occupy within the competition’s structure by giving them an ownership stake. The change would mean moving from a model in which golfers are primarily contracted participants to one in which they could have a direct influence over the league’s operation and evolution, while also taking part in the ownership of the teams that make up the circuit.
The situation surrounding some of LIV’s biggest stars remains open, however. Jon Rahm and Bryson DeChambeau remain tied to the circuit through their contracts, although they have yet to confirm whether they will be part of the LIV 2.0 project. Rahm, who is listed as LIV’s largest creditor with $7.4 million, said on September 15 that he would wait until the end of the season to decide his future. The Spaniard explained that a legal process still needs to be resolved before various aspects of the new structure can be finalized, leaving open one of the decisions that could have the greatest impact on the composition of the league from 2027 onward.
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