LIV Golf prepares for imminent bankruptcy declaration
La liga de golf está negociando un paquete de financiación con BC Partners para un circuito más reducido. Leer
LIV Golf is negotiating a financing package with BC Partners for a reduced circuit. The golf league may file for bankruptcy protection next week, as it seeks funding for a scaled-down version planned for 2027. LIV has sent initial offers to current players, owed millions in guaranteed payments until 2026, offering only a few cents on the dollar. The Saudi Public Investment Fund (PIF), which launched LIV in 2022, is reluctant to provide more financing, influencing the low offer to players.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
