{"id":952768,"date":"2026-11-04T22:06:09","date_gmt":"2026-11-04T22:06:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/952768\/"},"modified":"2026-11-04T22:06:09","modified_gmt":"2026-11-04T22:06:09","slug":"liv-golf-2026-future-updates-league-set-for-liquidation-as-bc-partners-pulls-funding-lifeline-golf-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/952768\/","title":{"rendered":"LIV Golf 2026, future, updates: League set for liquidation as BC Partners pulls funding lifeline, golf news"},"content":{"rendered":"

LIV Golf is all but dead in the water after the private capital firm that became the rebel league\u2019s new bankrollers walked away from a $300m (A$430m) funding lifeline.<\/p>\n

The league has seen a spate of players, most notably Jon Rahm, make their exits since filing for Chapter 11 bankruptcy in September, leaving a vast number of creditors out of pocket.<\/p>\n

Plans to launch a revamped competition in 2027, which CEO Scott O\u2019Neil has dubbed \u201cLIV 2.0\u201d, have hit a likely terminal hurdle, with BC Partners, who were announced in August as the league\u2019s new investors, choosing to drop its bid, according to a report by the Financial Times<\/a>.<\/p>\n

The private capital firm\u2019s support, having pledged as much as $300m worth of funding to the league, offered a lifeline through the bankruptcy process.<\/p>\n

But while up to 15 players had expressed interest in LIV 2.0, according to reports, uncertainty over the league\u2019s viability, as well as an ultimatum from the European Tour that any players remaining with the rebel competition would be banned, saw too few put pen to paper on contracts in time for BC Partners to feel their investment would be worthwhile.<\/p>\n

The withdrawal is set to provide the final death knell for LIV, who are now expected to need to wind down operations and liquidate its remaining assets in order to pay off debtors.<\/p>\n

The news leaves several players, including Australian star Cameron Smith, facing an uncertain future, having remained faithful to the league.<\/p>\n

Further details are expected to be revealed in coming days, with a bankruptcy hearing scheduled for Friday.<\/p>\n

MORE TO COME<\/p>\n","protected":false},"excerpt":{"rendered":"LIV Golf is all but dead in the water after the private capital firm that became the rebel…\n","protected":false},"author":2,"featured_media":952769,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[566],"tags":[64,63,755,85],"class_list":["post-952768","post","type-post","status-publish","format-standard","has-post-thumbnail","category-golf","tag-au","tag-australia","tag-golf","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/952768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=952768"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/952768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/952769"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=952768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=952768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=952768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}