BC Partnership has withdrawn a $300 million investment deal with LIV Golf, placing the Saudi-backed golf league on a path toward liquidation, according to reports.
The collapsed agreement removes a critical funding source for the circuit, which has relied on substantial external investment since its launch. Details on the reasons behind the withdrawal were not immediately disclosed.
LIV Golf, which features a team-based format and has attracted several high-profile players, now faces significant financial uncertainty. The development raises questions about the league's ability to sustain operations and fulfill its scheduled events.
