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LIV Golf gets bankruptcy funding boost, delays player commitment deadline

LIV Golf has secured a critical financial lifeline as it navigates bankruptcy proceedings, with private equity firm BC Partners injecting an initial portion of a $300 million funding package aimed at restructuring the league. The new investment, announced on October 5, is part of a broader effort to stabilize operations and launch LIV Golf 2.0 as a player-owned tour starting in 2027.

However, the league still faces uncertainty over player commitments, with top stars like Jon Rahm and Bryson DeChambeau yet to publicly pledge their futures. In a strategic move, LIV Golf has requested a court-approved extension—from October 13 to October 25—for players to decide whether to join the revamped league as equity owners, a key step in its reorganization plan under Chapter 11.

The funding remains subject to bankruptcy court approval, while BC Partners has signaled optimism about the league’s long-term viability, projecting individual team valuations exceeding $100 million in the near future. Meanwhile, golfer Sergio Garcia has been granted the option to exit his contract if he chooses, following legal clarifications sought by his representatives.

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