According to Bloomberg Markets, BC Partners' credit arm is leading discussions with a group of investors to explore lending opportunities for LIV Golf. The move represents a potential lifeline for the Saudi-backed golf tour, which has faced financial scrutiny since its launch and subsequent integration plans with the PGA Tour.
The involvement of established credit investors signals growing interest in funding alternative golf ventures, despite ongoing questions about the tour's long-term viability and market position. Details regarding the potential loan size, terms, and timing remain limited.
LIV Golf's pursuit of external financing comes as the golf industry navigates significant consolidation efforts and competitive dynamics shaped by the tour's relationship with Saudi Arabia's Public Investment Fund.