LIV Golf has filed for Chapter 11 bankruptcy protection in the US, as the Saudi-backed league moves to restructure its finances and secure a new ownership and funding model. The golf circuit has entered into a restructuring support agreement with BC Partner Advisors LP, the credit arm of private equity firm BC Partners. LIV will […] The post LIV Golf Files for Bankruptcy as Saudi Funding Support Nears End appeared first on iSportConnect.
Curated by Taleb Kabbara · Source: www.isportconnect.com