re: LIV MEGA Thread: Liv is Crumbling and the end is near

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they had to push back their player commitment deadline

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What player commitment? There is no longer any requisite number of players for the deal to get made. Again, take as much time as you need to process

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What player commitment? There is no longer any requisite number of players for the deal to get made.

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Are you drunk?

It’s in the fricking filing from Monday you moron

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On the commitment front, BC had initially set Oct. 13 for a “requisite number of players” to agree to new deals with LIV, or else it could walk away from the agreement. However, that date has now been pushed back two weeks to Oct. 25.

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LINK

Accounts that follow as many people as follow them back are great news breaking accounts!

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By all accounts they have already received enough commitments to move forward

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Except by every account you are 100% wrong

It’s a fact they still have not received the necessary commitments for the investment which is why they pushed back the commitment date.

Take as much time as you need to process this information. I know it is difficult for you

Excuse me?

LIv golf has not received the player commitment to secure the financing- fact

BC partners pushed back the commitment date-fact

LIv golf has only received 4m for bankruptcy proceedings and not the 300m financing - fact

The player requisite went from 50% of players who had financial claims against LIV to undefined amount as determined solely by BC Partners. - fact


Nothing about is an opinion

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It’s good news for LIV that BC seems committed to making something work. If they want to pour $300m into the golf league then they’ll be able to hold tournaments next year.

Pushing back commitment dates and adjusting the language are not great signs in the sense of they clearly have not secured all of the commitments they want to get and therefore how serious a league LIV 2.0 turns out to be is very much up in the air.

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This is my take as well. I think it's also notable that Scott O'Neil said this on Tuesday: “We’re moving from a Saudi-type business plan to a—as I like to say—a ‘business’ business plan,” O’Neil said Tuesday at the Sportico Invest conference in London.

I don't know what business model you can present to big named players if you're going to run this like a true business now. You're basically going to have to convince these players to take a risk on what amounts to a startup with not a ton of financial security in the short-term or long-term, at least not the financial security they're used to. I think Bryson may do it because he always does the opposite of conventional with everything in his life.

Nobody is going to participate in LIV 2.0 because it ain’t happening

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Quite the opinion with the given information

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Why? the bigger names are starting to jump ship and when you have zero star power left who is going to willing invest in a product that no one was really watching to begin with?

LIV went about it completely wrong honestly.. If they wanted to start a new league filled with team events the should have approached the PGA with the plan to partner. They could have started slower and built a following with in then maybe try and separate after successful test runs with the backing of the PGA

Instead, they tried to kick in the front door of established golf throwing money at every Tom,Dick and Harry in an attempt to blaze some trail with honestly an inferior product.. In doing so the one variable was that matters the most is eyeballs on TV and butts in seats was essentially divided in two because people took sides and what LIV attempted to do rubbed people the wrong way virtually killing half the intended target base from the start.. It seriously should be a study in any high level business school on how NOT to blaze a trail on a new venture with an old established product..