BC Partners reportedly plans up to $10 million loan for LIV Golf’s US bankruptcy

The Financial Times reports that Saudi Arabia’s wealth fund is pressing BC Partners to prove its commitment to rescuing the golf tour.

1 Source, 9d ago, first seen 9d ago

TLDR

BC Partners has struck a preliminary deal to save LIV Golf and is set to commit up to $10 million to help fund the league’s US bankruptcy, the Financial Times reports. The planned loan is intended to ease concerns about whether the private equity firm is serious about relaunching the tour.

Today's Rank

—

Not ranked yet

Combined views

39.7K

1 Source, first seen 9d ago

34 likes6 comments7 saves7 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Featured Source