LIV Golf has extended the deadline for players to commit to the league, shifting the date from October 13 to October 25. This decision follows BC Partners’ initial $300 million investment in “LIV 2.0” to help the circuit emerge from Chapter 11 bankruptcy.
LIV Golf entered bankruptcy in September. The Saudi Public Investment Fund, its sole financial backer, decided to end support by the 2026 season, after spending $5 billion. This left the league seeking new investments to continue operations.
BC Partners’ investment was announced shortly before bankruptcy hearings and could signal positive prospects for the league. The financial commitment is pending bankruptcy approval. Successful approval would enable LIV to proceed with plans for a 2027 season featuring a 10-tournament schedule, half of which would take place internationally.
We want the players who make this league what it is 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, and it aligns everyone around the long-term success of the product for the game and for the fans.
Ted Goldthorpe, a partner at BC Partners, emphasized the importance of involving players in the league’s future, offering them equity and ownership stakes. This aligns with LIV Golf’s leadership, as CEO Scott O’Neil noted that the league would be “driven by and for the players.”
Prominent players still linked with LIV Golf include Bryson DeChambeau, Jon Rahm, Joaquin Niemann, Cameron Smith, and Tyrrell Hatton. Due to the restructuring and bankruptcy, current player contracts might be voided, allowing players to explore other opportunities. At present, the PGA Tour offers no clear path for those who previously left for LIV.
