LIV Golf's $300M BC Partners Deal Reportedly Collapses

By Staff Writer

November 5, 2026

1 min read

LoopGolf

Key takeaways

BC Partners has withdrawn from a proposed $300 million investment in a relaunched "LIV 2.0" team league, according to the Financial Times and BBC.
The firm's backing was conditional on enough competitive players signing on; reports say only around 30 agreed to stay.
Jon Rahm, Sergio Garcia, Lee Westwood and Ian Poulter were among the players who turned the new format down.
A court hearing as soon as Thursday is expected to address winding down LIV Golf and liquidating its remaining assets.

LIV Golf's $300 million investment agreement with private equity firm BC Partners has fallen through, according to reports first carried by the Financial Times and later the BBC, leaving the breakaway league's future in doubt ahead of a court hearing expected as soon as Thursday.

Why did the BC Partners deal collapse?

BC Partners had agreed in principle to back a relaunched "LIV 2.0" team format with $300 million after Saudi Arabia's Public Investment Fund withdrew its financial support in April and LIV filed for bankruptcy. The agreement was contingent on enough competitive players signing up for the new league. LIV chief executive Scott O'Neil pushed to secure commitments ahead of multiple deadlines, but reports say the majority of targeted players declined, leaving roughly 30 players signed on — short of what BC Partners required.

Which players rejected LIV 2.0?

Jon Rahm, Sergio Garcia, Lee Westwood and Ian Poulter were among the players reported to have turned down the relaunched league. Bryson DeChambeau, LIV's most prominent remaining player, had reportedly signaled he was committed to the new format.

What happens next for LIV Golf?

The PIF, which financed LIV's bankruptcy restructuring, is expected to tell the court Thursday that the 2.0 relaunch is not viable. O'Neil took over LIV's leadership from founder Greg Norman after the league's 2023 framework agreement with the PGA Tour never developed beyond a handshake deal, and the PIF's April withdrawal had already stripped LIV of much of its negotiating leverage with the established tours.