LIV 2.0 deadline pushed to Oct. 25 as BC Partners commits funding

The player commitment deadline for LIV 2.0 has been pushed from Oct. 13 to Oct. 25, per golfweek.usatoday.com. The extra time comes after BC Partners, a London-based private-equity firm, announced Monday it had made an initial financial commitment to LIV Golf.

That commitment is part of a targeted $300 million investment, per BC Partners, aimed at helping LIV find solid financial footing as it restructures. BC Partners has agreed to fund the league if it can meet certain stipulations like retaining a percentage of players, according to golfweek.usatoday.com. The exact terms of those stipulations are not fully detailed in the source.

The move gives LIV and its players breathing room as the league works through bankruptcy proceedings. LIV Golf filed for bankruptcy Sept. 8 and has been in court laying the groundwork for emerging next year with a new league structure, format and likely new faces, too.

BC Partners’ initial commitment signals outside money is moving in, but the deal comes with conditions LIV must still satisfy. The firm’s stake is tied to the league keeping enough of its player pool on board — a key question as stars weigh their futures.

FUNDING AND RESTRUCTURING

LIV Golf filed for bankruptcy on Sept. 8 and has been in court laying the groundwork for emerging next year with a new league structure, format and likely new faces, too, according to golfweek.usatoday.com.

BC Partners’ initial commitment is central to that path. Ted Goldthorpe, partner and head of BC Partners Credit, said: "Our goal is to facilitate LIV Golf's emergence from the restructuring process on sound financial footing and with renewed momentum heading into the 2027 season."

Goldthorpe also framed the deal around player ownership. He added: "Giving players real and actionable ownership in the League and the teams is a unique opportunity in professional golf."

If the court approves the BC Partners funding, that would pave the pathway for LIV to emerge from bankruptcy and continue plotting toward LIV 2.0, per the source. That approval is not yet confirmed, and the source does not detail the exact terms of the stipulations LIV must meet.

The restructuring still depends on player retention. LIV 2.0 calls for plans to transfer majority ownership to the players via equity shares, but some players have been open about their frustration with the league and its lack of communication.