LIV Golf braces for Chapter 11 as funding talks stall

LIV Golf is reportedly nearing a Chapter 11 bankruptcy filing to fund a leaner 2027 circuit, as talks with BC Partners continue while the Saudi Public Investment Fund is unwilling to provide new funds. The strategy may include a pre-packaged deal with players and a revamped LIV 2.0, but attracting enough top players remains uncertain. A New Jersey filing is being discussed, with potential debtor-in-possession financing under $100 million and a plan to roll up assets using billions in net operating losses, backed by BC Partners’ planned investment effort and interest from Liberty Strategic Capital.