LIV Golf facing liquidation after financial backer drops plan for new league: reports

LIV Golf is expected to wind down operations after BC Partners ⁠Credit pulled its proposed US$300 ⁠million investment in the league, ⁠multiple media outlets reported on Wednesday. BC Partners was looking to replace Saudi Arabia’s Public Investment Fund as the primary financial backer of a circuit that has been trying to emerge from bankruptcy. It had pledged as much as US$300 million for what was called “LIV 2.0”, which was planning at least 10 tournaments, with an emphasis on teams and equity...