Private equity firm BC Partners seeks to take control of LIV Golf from Saudi wealth fund, FT reports

BC Partners has revived its efforts to create a successor to the LIV Golf league the Financial Times reported on Sunday after LIV said it would wind down operations after a proposed financing deal with the London-based private equity firm fell apart LIV Golf filed for bankruptcy protection in September after Saudi Arabias Public Investment Fund which has invested more than 5 billion in LIV since its launch in 2022 announced it was ending its financial backing after the 2026 season