✉news SportGolf first seen 7 d ago, last 6 d ago, peak #7
BC Partners abandons LIV Golf investment, rescue plan falters
Original: LIV Golf rescue plan falters as BC Partners abandons investment, FT reports
LIV Golf's rescue plan has suffered a setback after private equity firm BC Partners abandoned talks to invest in the Saudi-backed circuit, the Financial Times reported, as picked up by Reuters. The withdrawal leaves the breakaway golf league without a key potential backer as it seeks fresh funding. The report was widely shared as golf's civil war continues to reshape the professional game.
Why now: News of a major investor walking away raises fresh doubts over the financial future of the Saudi-funded breakaway league.
LIV GolfBC PartnersFinancial Times
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