LIV to wind down after backers withdraw support

LIV Golf is set to be wound down after its investor withdrew its support because the proposed new league failed to attract enough players.

LIV had hoped BC Partners Credit would provide a possible $300m (£223m) in financing after Saudi Arabia's Public Investment Fund (PIF) withdrew its backing in April, leading to the league filing for bankruptcy protection last month.

The funding could have helped the competition move forward in a new form, dubbed LIV 2.0, but BC Partners is understood to have decided it is not viable to pursue a deal.

0 had received commitments from co-investors, felt support from within the golf ecosystem and had around 30 players signed up, including major winners.