LIV Golf has secured a possible $300 million in financing from BC Partners Credit as it prepares for the 2027 season following a Chapter 11 bankruptcy filing in September. This restructuring comes after Saudi Arabia withdrew its multibillion-dollar funding, prompting a court-supervised process aimed to conclude by early 2027.

The exact amount of funding needed for next year's schedule remains uncertain, and players are owed at least $45 million (£33 million) with the option to exit. However, the agreement allows for extended negotiations with players, with discussions open until October 25. Notably, there is no requirement for players to commit to what is being referred to as LIV 2.0, regardless of prior multi-year contracts.

Ted Goldthorpe, partner and head of BC Partners Credit, emphasized the investment as a vital step towards securing LIV Golf's financial future. He stated, "Our goal is to facilitate LIV Golf's emergence from the restructuring process on sound financial footing."

Scott O'Neil, CEO of LIV Golf, echoed this sentiment, highlighting the league's ambition to evolve into a player-owned, team-focused organization that complements the broader golfing community and opens new avenues for stakeholders.

Since its controversial inception in 2021, LIV Golf has seen over $5 billion (£3.7 billion) invested by Saudi Arabia's Public Investment Fund (PIF). Notable players like Jon Rahm and Bryson DeChambeau have been attracted by lucrative contracts, yet the league's future remains uncertain, especially after the abrupt end of the 2026 season.

Key creditors include:

• Jon Rahm: $7.5 million (£5.5 million)
• Bryson DeChambeau: $5.7 million (£4.2 million)
• Dustin Johnson: $5.5 million (£4.1 million)
• Cameron Smith: $4.8 million (£3.5 million)
• Tyrrell Hatton: $3.4 million (£2.5 million)

LIV Golf's Chapter 11 status allows for postponement of obligations to creditors, providing essential time for debt reorganization. Additionally, PIF is offering a $49.6 million (£36.6 million) bankruptcy loan to support this process.