Private credit manager BC Partners Credit has made an initial investment in LIV Golf, the Saudi-backed league said in a statement on PR Newswire.
Sport as an asset class
The deal adds an institutional lender to a league that has relied on the Public Investment Fund. It reflects wider investor interest in team-based sports properties, where franchises, media rights and events are treated as long-term assets.
The Gulf link
LIV Golf is among the largest Gulf-backed sports ventures, and outside capital is an early signal of how investors value its teams.
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