LIV Golf has secured a potential £227 million investment aimed at supporting its relaunch in 2027, following the league’s recent bankruptcy filing. The golf league, originally backed by Saudi Arabia’s Public Investment Fund (PIF), faced financial uncertainty last month after the fund withdrew its multi-billion-pound support, prompting the league to file for bankruptcy.

The new investment, reportedly from BC Partners Credit, offers LIV Golf the opportunity to restructure and re-emerge next year. According to sources familiar with the situation, there is no binding requirement for current LIV players to rejoin the league under the new ownership or management framework.

Among the ongoing legal developments, veteran golfer Sergio Garcia, 46, has submitted documents to a court seeking termination of his contract with LIV Golf. Bankruptcy filings reveal that LIV owes approximately £48 million to its top 27 creditors, including around £34 million in outstanding payments to players.

Notably, Jon Rahm, 31, whose contract reportedly holds a value of £113 million, is also among those with unsettled balances. Rahm is set to miss the upcoming Spanish Open to be with his family for the birth of his fourth child.

LIV Golf’s CEO, Scott O’Neil, characterized the new phase as a step forward, expressing the intention to transform the league into a “player-owned, team-focused, truly global” enterprise. The relaunch is being closely watched by the professional golf community as it could influence the broader competitive landscape within the sport.