Sports

LIV Golf's Big Backer Pulls Plug on 2027 Relaunch Plan, Report Says

BC Partners Credit, the investor steering LIV Golf through bankruptcy, has abandoned plans to relaunch the league in 2027 after failing to lock down enough player support, the Financial Times reports.

LIV Golf's Big Backer Pulls Plug on 2027 Relaunch Plan, Report Says

Photo by dubistas via Pixabay

BC Partners Credit, the financial backer helping LIV Golf navigate Chapter 11 bankruptcy proceedings, has scrapped its plan to launch a new version of the league in 2027, according to a Wednesday report from the Financial Times cited by Yahoo Sports.

The firm had reportedly pledged as much as $300 million to back the overhauled league, but the plan fell apart because organizers could not secure enough commitment from players to make the relaunch viable.

The move marks a setback for LIV Golf as it works through its financial restructuring, raising fresh questions about the league's long-term future and its ongoing rivalry with the PGA Tour.

Sources: Yahoo Sports

More from Sports