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BC Partners reportedly drops bid to relaunch LIV Golf

Original: LIV Golf 2.0 in trouble with financial backer reportedly pulling out BC Partners, which provides financing to middle-mar

BC Partners, a private equity firm that finances middle-market companies, is abandoning its effort to relaunch LIV Golf, according to a Financial Times report cited widely in coverage. The firm could not secure enough player commitments for the revamped tour, which has struggled since launch amid competition with the PGA Tour and questions over its long-term funding and direction.

Why now: Reports that a key financial backer is pulling out revive doubts about LIV Golf's future and funding.

LIV GolfBC PartnersFinancial TimesPGA Tour

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• LIV Golf 2.0 in trouble with financial backer reportedly pulling out BC Partners, which provides financing to middle-market companies, is dropping its bid to relaunch LIV Golf due to an inability to secure enough player commitments, the Financial Times has reported.… · abcfeeds@rssfeed.media

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