BC Partners seeks to acquire PIF's LIV Golf bankruptcy loan, take control

BC Partners is negotiating to buy the Public Investment Fund's bankruptcy loan for LIV Golf, aiming to take control of the failed league's assets. The move signals a potential shift in ownership from the Saudi sovereign fund to a private equity firm, though the deal's terms and PIF's willingness to exit remain uncertain. This matters as it could reshape the future of the embattled golf league and test private equity appetite for distressed sports assets.

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