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LIV Golf May Liquidate Assets After BC Partners Exit
Original: LIV Golf could be forced to liquidate assets after losing financial backer BC Partners
LIV Golf could be forced to liquidate assets after losing its financial backer, private equity firm BC Partners, according to The New York Times. The loss of financial support raises questions about the future of the Saudi-backed golf tour, which has relied heavily on outside investment since its launch and has faced ongoing financial scrutiny.
Why now: Fresh reporting that LIV Golf's main financial backer has withdrawn puts the tour's financial survival in doubt.
LIV GolfBC PartnersThe New York Times
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- LIV Golf could be forced to liquidate assets after losing financial backer BC Partners · The New York Times
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