BC Partners Credit

Sergio Garcia has received official confirmation of his departure from LIV Golf, coinciding with news of fresh investment in the circuit. LIV Golf's new investor, BC Partners Credit, announced a restructuring agreement on Monday night that includes roughly $4 billion in increased funding. The Spanish star's exit and the tour's financial overhaul are being discussed together as a pivotal moment for the Saudi-backed league.

LIV Golf has obtained financing from BC Partners Credit to support a restructuring of the breakaway golf circuit. The funding will back efforts to reorganise the league's operations as it continues competing with the PGA Tour for players and audiences. The deal underscores continued investor backing for the Saudi-backed venture despite ongoing uncertainty in professional golf.

LIV Golf has secured a potential $300m financing deal from BC Partners Credit as the Saudi-backed golf circuit moves to emerge from a restructuring process before the 2027 season. The investment would provide fresh capital for the league, which has faced ongoing questions about its finances and its unresolved relationship with the PGA Tour. The deal marks a significant step in stabilising the competition's future.

LIV Golf has obtained credit financing from private equity firm BC Partners to support a restructuring of the Saudi-backed golf circuit. The deal gives the league fresh funding as it reorganises its operations, and it is drawing attention because of LIV Golf's ongoing efforts to stabilise its business model and its unresolved position within the professional golf landscape.