# LIV Golf Bankruptcy Filing Shifts Strategy

> LIV Golf's bankruptcy filing with BC Partners sets 2027 schedule and player equity changes.
- Title: LIV Golf Bankruptcy Filing Shifts Strategy · Golf | Shortify
- Summary: LIV Golf's bankruptcy filing with BC Partners sets 2027 schedule and player equity changes. LIV Golf's restructuring with BC Partners aims for a 2027 global…
- Keywords: liv golf, bc partners, chapter 11, player equity, 2027 schedule, golf league, restructuring, saudi funding, tax write-off, net operating loss, sports, LIV
- Source: Golf — https://golf.com/news/liv-golf-bankruptcy-filing-investment-changes
- Published: 2026-10-06T12:59:05+00:00
- Read time: 1 min
- Topics: liv golf, bc partners, chapter 11, player equity, 2027 schedule, golf league, restructuring, saudi funding, tax write-off, net operating loss, sports
## LIV Golf Files Bankruptcy Restructuring
LIV Golf received an initial committed investment from BC Partners for $300 million to emerge from Chapter 11 bankruptcy.
## BC Partners Funds LIV 2.0 Launch
BC Partners agreed to fund LIV 2.0 with a 10-tournament schedule and international events starting in 2027.
## Revised Player Commitment Deadline
The deadline for player commitments moved from Oct 13 to Oct 25 with a new definition of "requisite players".
## Player Equity Changes
Committed players retain 52.5 percent of equity in LIV Golf's new league structure.
## Sergio Garcia's Contract Status
Sergio Garcia asked whether his contract was terminated due to bankruptcy or if he could terminate it himself.
## Joaquin Niemann's Decision
Joaquin Niemann said he was still deciding whether to stay with LIV or play more in Europe and pursue PGA Tour.
## Player Ownership Vision
Ted Goldthorpe stated players would share in what they help build through real ownership in the league.

> 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
## BC Partners' Tax Benefits
BC Partners acknowledged potential tax write-offs but disputed that tax benefits were the primary investment reason.

> Yeah, course, there’s a big NOL (Net Operating Losses) in the U.S. and the UK, but that’s not the driving force behind the investment
## Oct 14 Court Hearing
A court hearing on Oct 14 will decide whether to approve the restructuring support agreement.
## LIV 2.0 Timeline
LIV 2.0 aims to launch in 2027 with a 10-tournament schedule and half of events hosted internationally.
## Key takeaway

LIV Golf's restructuring with BC Partners aims for a 2027 global league with 10 tournaments and player equity, after Saudi funding withdrawal.