According to CNBC, LIV Golf could face liquidation after BC Partners Credit reportedly withdrew a plan to finance a relaunch of the league. The firm had pledged up to $300 million for LIV 2.0 but dropped the plan after LIV failed to secure enough player commitments, according to the Associated Press. LIV is scheduled to appear in U.S. bankruptcy court Thursday, where the hearing is now expected to focus on liquidating its assets. LIV filed for Chapter 11 bankruptcy protection in September after Saudi Arabia's Public Investment Fund said it would stop funding the league after the 2026 season. PIF had invested more than $5 billion since LIV launched in 2022.