CNBC Sport can confirm that BC Partners is pulling out of its deal to invest $300 million in LIV Golf.
I’m told by a source that, at the end of the day, they didn’t have the full mix of players to move forward.
It came close to becoming a reality, but they couldn’t agree on terms that worked for all parties.
PIF is expected in a NJ court tomorrow morning.
The FT was first to report the news.
I’m told by a source that, at the end of the day, they didn’t have the full mix of players to move forward.
It came close to becoming a reality, but they couldn’t agree on terms that worked for all parties.
PIF is expected in a NJ court tomorrow morning.
The FT was first to report the news.
