Adrian Meronk chose LIV Golf over the PGA Tour in 2024 for 5 key reasons: to stay with his family in Dubai, a lighter playing schedule, to avoid the PGA’s “rat race” dynamic, the 2023 Ryder Cup snub, and LIV’s financial and contractual security. But now most of these reasons are dead. Still, the Polish professional golfer has stuck with the league through a tumultuous period. So when Scott O’Neil announced at Trump Bedminster that they had secured an investment partner, the four-time DP World Tour winner was optimistic, but also let caution and patience settle in. Speaking in an interview with Garrett Johnson, the Cleeks GC member explained why.

“We got a lot of positive feedback from Scott, and we’ll probably know more next week, so I’m quite positive. You know, it’s hard to say. We have no idea. We just know that there is an investor, and then there will be some support for next year, which is what we wanted in the first place, and we just have to wait and see what kind of next steps will be.”

Meronk’s admission is weird. He rejected his PGA Tour card after a breakout 2023 season to sign with LIV instead and stayed with the league during PIF’s funding pullout and months of bankruptcy speculation. And yet, when asked about his motivation amid the chaos, he told Johnson that nothing much had changed. “I’m always positive. I always want to play my best golf, whether it’s LIV, whether it’s DP, or whether it’s a friendly game.”

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O’Neil announced a lead investor deal this week but refused to name the backer or disclose the commitment size.

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With O’Neil silent, analysts have filled the void. Bloomberg reports that the investor could be BC Partners. It is a credit syndicate assembled to lend capital, not buy equity. The report also highlights the figure being discussed in the $250 million to $300 million range.

The report highlights that BC Partners could likely structure debt borrowing against LIV’s assets: contracts, media rights, sponsorship income, team equity, and intellectual property.

If true, LIV isn’t gaining a partner—it’s borrowing against its own assets, deepening debt. This also comes when the league is already leaning on PIF-backed loans to finish the 2026 season.

As uncertainty grows, the league withholds details, leaving LIV players to guess. Even critics like Brandel Chamblee have mocked the decision. He argued that even Saudi Arabia’s bottomless wallet couldn’t make the league work, so a leveraged rescue package is unlikely to either.

Whether LIV players will get clarity on their futures remains to be seen.