LIV Golf's new funding partner pulls out over lack of player commitment in huge blow to league: report

LIV Golf is facing potential collapse as BC Partners has reportedly withdrawn its funding for “LIV 2.0” due to a lack of player interest. Top players like Jon Rahm have deemed the terms of the proposed restructuring unacceptable, leading to a mass exodus. The league has also filed for bankruptcy and faces numerous lawsuits, with a liquidation process expected to begin soon.

• BC Partners has reportedly backed out of funding LIV Golf’s “LIV 2.0” due to a lack of player interest.
• The Public Investment Fund (PIF) halted funding in April, redirecting money toward domestic projects.
• LIV Golf filed for Chapter 11 bankruptcy in September and owes millions to players.
• Key players, including Jon Rahm, have rejected the terms of “LIV 2.0” and will not participate.
• The league is now expected to begin a liquidation process.
• LIV Golf has laid off staff, left contractors unpaid, and faces a lawsuit from the Premier Golf League.
• Several top golfers have left LIV, with some rejoining the PGA Tour or returning to the DP World Tour.
• Europe-based golfers are leaving LIV to remain eligible for the Ryder Cup.