BC Partners Credit withdraws bid to revive LIV Golf, cites lack of player commitments

BC Partners Credit announced it is abandoning its plan to restart the LIV Golf circuit, after the private-capital firm could not demonstrate enough player commitments to meet a 2027 deadline. The firm had been prepared to invest up to $300 million, but sources said only a small number of golfers were willing to join the proposed tour.

The lack of interest was linked to uncertainty surrounding the new venture and the termination of an arrangement that would have allowed LIV players to compete on the DP World Tour. Earlier reports indicated BC Partners had secured only 15 player commitments.

With the relaunch effort halted, the tour will seek liquidation of its remaining assets. The league, originally financed by Saudi Arabia’s Public Investment Fund (PIF) since its 2022 launch, lost that backing after the 2026 season. The PIF stated its support was “no longer consistent with the current phase of PIF’s investment strategy.”

LIV Golf concluded its 2026 season in August, after which several prominent players, including Masters champions Jon Rahm and Sergio Garcia, left the organization. Late last month, former LIV players led by Dustin Johnson began negotiations with the PIF seeking more than $100 million in severance payments. A court hearing on the matter is scheduled for Thursday.