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Is ‘The LIV’ a tax asset or future golf league? & Furyk talks Ryder Cup at Adare | The Shotgun Start
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At long last, LIV Golf has received part of its investment from BC Partners. Andy and Brendan return to break down the details of this "initial committed investment in LIV Golf" that became official late Monday night. This investment will help the league "emerge" from Chapter 11 bankruptcy and amended the terms of the original agreement, allowing two more weeks to build a roster for the 2027 season. BC Partners Credit head Ted Goldthorpe spoke at a Sportico event in London on Tuesday morning about the deal, repeatedly calling his new league "The LIV," which Brendan got a big kick out of. Goldthorpe also suggested that The LIV's teams could be valued at $100 million each "in very short order." Andy and Brendan debate whether BC Partners wants the league to succeed or will just use the tax advantages on the losses to make more money in other ways, as they've done with other purchases. Elsewhere in Europe, the Ryder Cup "Year To Go" countdown is on, with Luke Donald and Jim Furyk being peppered with questions about fan behavior, team outings, and the Americans being underdogs at Adare Manor. Furyk was also asked directly about Patrick Reed, bringing a whole new level of anticipation to the next 12 months of discourse. The two eventually get to the Schedule for the Week, beginning with a loaded field at the Baycurrent Classic in Japan. Blockie is once again in the field on the Champions Tour, but Andy deems him not a "Friend of Furyk" just yet based on earning an exemption through his play. On the DP World Tour, Jon Rahm withdrew from the Spanish Open due to the impending birth of his fourth child, leaving the newly-freed Sergio Garcia to fend for himself against defending champ Marco Penge. Lastly, they preview this weekend's Korn Ferry Tour Championship and lament the lack of promotion from the PGA Tour and KFT channels about the biggest week of the year.
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