Overview
- LIV Golf announced Wednesday that its board approved a signed term sheet with a lead investor to anchor a restructured “LIV 2.0,” though the investor has not been formally named.
- Several outlets report the financier may be the credit arm of BC Partners, but LIV and its CEO Scott O’Neil have declined to confirm the investor’s identity.
- Prospective investors are said to be seeking contractual assurances that star players will remain with the league, and the Saudi Public Investment Fund is exploring discounted buyouts of player contracts to limit future liabilities.
- LIV plans a much smaller 2027 calendar of about 10 events and is offering players more control and possible equity, but some signees, including Dustin Johnson, say they need clearer schedules before committing.
- The deal’s terms remain unfinished and near‑term events are uncertain, with league leaders calling the situation “very fluid” and saying final agreements must be reached before the season finale and next year’s plan are confirmed.