LIV Golf’s proposed reboot appears to be unraveling: BC Partners Credit is reportedly withdrawing its planned investment of up to $300 million after too few players committed. With Saudi Arabia’s Public Investment Fund set to stop funding LIV after 2026 and several prominent players leaving, the league may now seek to liquidate its assets rather than launch LIV 2.0.

By the Numbers
  • BC Partners Credit had pledged up to $300 million for LIV 2.0.
  • LIV spent more than $5 billion; its new backer said the league had been reported to spend more than $7 billion.
  • LIV 2.0 was planned to feature at least 10 tournaments.
  • Four players publicly supported the reboot.
Yes, But

Some players were reportedly willing to stay, and BC Partners Credit argued LIV’s existing infrastructure could support a financially sustainable operation. But the reboot lacked enough player support and star power, while the European tour warned that LIV 2.0 players would be ineligible for DP World Tour membership—and potentially the Ryder Cup.

State of Play
  • PIF says it will stop funding LIV after the 2026 season.
  • Several notable players, including Jon Rahm, Sergio Garcia, Louis Oosthuizen and Tyrrell Hatton, have said they will leave.
  • A U.S. bankruptcy court hearing was expected to shift toward LIV seeking liquidation of its assets.
What's Next

The bankruptcy court’s next steps will determine whether LIV winds down or finds another path forward. Some departing players are pursuing routes back to the PGA Tour or European circuit, though those returns may come with conditions.

Bottom Line

Without a committed financial backer and enough top players, LIV’s planned reinvention looks unlikely; its immediate future may be about managing a shutdown, not building a new league.