LIV Golf Wins Interim Bankruptcy Financing Approval

LIV Golf received interim approval from a United States bankruptcy court to access fourteen million dollars in financing. The funding allows the league to advance its recapitalization plan backed by BC Partners Credit.

FILE PHOTO: Golf - LIV Golf Invitational - London - Centurion Golf Club, St Albans, Britain - July 5, 2023 General view of the 18th hole at the Centurion Golf Club Action Images via Reuters/Paul Childs/File Photo

LIV Golf secured interim court approval in the United States on Thursday morning to access $14M in bankruptcy financing. The professional men's golf league received the green light for its first-day Chapter 11 motions. The funding allows operations to continue while pursuing a recapitalization plan backed by BC Partners Credit.