✉news SportGolf first seen 15 h ago, last 15 h ago, peak #29
LIV Golf secures credit funding from BC Partners
Original: LIV Golf secures BC Partners ' credit funding to support restructuring
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.
Why now: LIV Golf's financial restructuring is significant news given the league's high-profile, heavily bankrolled entry into professional golf and its unsettled merger talks with the PGA Tour.
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