LIV Golf faces liquidation after BC Partners scraps rescue plan

LIV Golf is facing liquidation after BC Partners withdrew a proposed $300 million rescue package, citing insufficient commitments from players. The collapse of the deal leaves the Saudi-backed golf tour without its expected lifeline and raises the prospect of an orderly wind-down. The decision matters because it casts doubt on the circuit's ability to retain its roster and honor future commitments. What to watch next is whether LIV's backers, led by Saudi Arabia's Public Investment Fund, step in with alternative funding or allow the venture to be wound up.