LIV Golf takes major step towards LIV Golf 2.0 with BC Partners investment

LIV Golf has taken a major step towards LIV 2.0 after BC Partners Credit announced an initial committed investment in the league, forming the first part of a targeted $300 million financing package.

The investment is designed to help LIV Golf emerge from its restructuring on a stronger financial footing ahead of the 2027 season, while laying the foundations for a new player-owned, team-focused model.

The most significant part of the proposed structure could be player ownership.

LIV players will have the opportunity to become equity owners in both the league and their teams, giving them a direct financial stake in the future success of the competition.

BC Partners Credit Partner and Head of Credit Ted Goldthorpe said the investment is designed to give LIV renewed momentum heading into its next chapter.

"Our goal is to facilitate LIV Golf's emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season," said Goldthorpe.

"Just as importantly, 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."

Goldthorpe also directly invited LIV's players to be part of the league's next phase.

"We are excited about what this next phase can mean for the players who compete in the League," said Goldthorpe. "We invite those who want to help build a strong, sustainable, team golf league to join us."

As part of the amended restructuring support agreement (RSA), BC Partners has also pushed back the deadline for players to sign with LIV 2.0 by nearly two weeks, moving it from October 13 to October 25.

The extension gives LIV's players more time to consider their futures as the league's restructuring and proposed ownership model take shape.

It remains to be seen which of LIV's biggest stars will commit to the league for its next chapter and which could choose to depart, with the proposed player ownership opportunity potentially adding another layer to those decisions.

The announcement comes after the Saudi Public Investment Fund's investment in LIV ended following the 2026 season, bringing an end to the financial backing that helped establish the league during its early years.

LIV CEO Scott O'Neil welcomed the latest development and thanked BC Partners for its commitment.

“This investment is an important step forward for LIV Golf, and I want to thank Ted Goldthorpe and the entire BC Partners team for their conviction in what we’re building,” said O'Neil.

“We believe deeply in the future of this league and in the opportunity to build something distinctive alongside our players.

“We’re delivering on our major milestones, and while there is still work ahead, today marks meaningful progress toward a player-owned, team-focused, truly global league that complements the wider game and creates new opportunities for players, fans, partners, and the next generation of golfers.”

The next phase will also see LIV continue to develop its team-based product, while expanding grassroots initiatives with nations, cities and golf's governing bodies.

The league says these programmes will aim to introduce more people to golf, support local communities and create pathways for the next generation of players and fans.

However, the financing is not yet final, with the BC Partners investment remaining subject to Bankruptcy Court approval and customary conditions.

Nevertheless, the announcement represents a significant milestone for LIV as it attempts to establish a sustainable future beyond its initial phase.

With the first stage of a targeted $300m financing package now announced, the player deadline extended and competitors set to have the opportunity to become owners, LIV Golf 2.0 is officially taking shape — and its biggest stars now have a huge decision to make.