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Story summary
- LIV Golf will seek $250 million from new investors after the Saudi Public Investment Fund ended its support.
- The league says $250 million could make it profitable within 20 months, with $150 million relying on team values and a new media-rights deal.
- Ducera Partners will lead fundraising, with Alix Partners advising on restructuring and board members helping.
- LIV Golf must obtain the money by early October or use bridge financing to remain operational.
