LIV Golf bankruptcy case threatens 2027 future and player contracts

BC Partners says its proposed recapitalization is progressing, but reported player interest remains below the 30–40-player target and Oct. 30 remains a key decision point. Adelaide’s 2027 event depends on retaining Cam Smith and Bryson DeChambeau, while reported departures and possible exits heighten retention concerns. A DP World Tour rule may still bar some LIV leavers from European Ryder Cup captaincy or vice-captaincy, with no near-term change expected.