✉news SportGolf first seen 1 d ago, last 10 h ago, peak #5
LIV Golf secures credit funding from BC Partners for restructuring
Original: LIV Golf secures funding from BC Partners Credit to support restructuring
LIV Golf has obtained new financing from BC Partners Credit to support a restructuring of the Saudi-backed golf circuit. The funding will help the league reorganise its finances as it continues trying to establish itself against the PGA Tour. Reuters reported the deal, which marks a notable step in the competition's efforts to stabilise its business operations.
Why now: LIV Golf's financial arrangements remain a closely watched issue given its rivalry with the PGA Tour and ongoing talks about the future of professional golf.
LIV GolfBC Partners CreditPGA Tour
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