LIV Vendors Say They’re Unpaid As League Seeks to Stay Afloat

LIV Golf vendors are alleging they have not been paid by the league as it seeks a new funding source. The credit arm of BC Partners is said to be looking at a potential deal to provide financial assistance to LIV for future seasons. The upcoming Indianapolis event is set to distribute $30 million in prize money, but the league's plans for a $40 million team championship in Michigan remain uncertain.

Since Saudi Arabia's Public Investment Fund (PIF) announced it would cease funding LIV after this season, no full-time staff have reported unpaid wages. Numerous contract workers, both past and present, claim they are owed various sums for services rendered earlier this year, with amounts ranging from a few thousand to nearly $100,000.

One former vendor even filed a lawsuit against LIV last month, alleging a breach of contract worth over $1.1 million. Communication from the league regarding outstanding payments has been sparse, with some contractors saying they have received no response from LIV's accounts receivable department or legal counsel. Financial experts suggest that withholding payments could be a tactic employed by companies preparing for potential bankruptcy, as LIV is widely suspected to be considering.

LIV's new independent board is focused on managing the league's resources efficiently, but the future of LIV remains unclear, especially in light of the PIF's potential exit.