LIV Golf is on the brink of liquidation after key financial backers BC Partners dropped its bid to fund the tour’s 2.0 restructure.The breakaway league filed for bankruptcy in September and following that news, most of their biggest names have quit.LIV Golf has been running since 2022, but after key financial backers withdrew their bid, it seems total liquidation is on the cardsGettyThat left them scrambling to stay afloat, with a restructure to LIV Golf 2.0 planned after investment was agreed. Private capital firm BC Partners were set to provide as much as $300million to help the tour keep going. They would have replaced the Saudi Public Investment Fund as the lead backers after they pulled funding in April.However, according to The Athletic, they have now withdrawn their bid due to the lack of players committed to the league.BC Partners are said to lack the belief that LIV 2.0 will have enough players to constitute a golf league, with sources saying that they think time has run out for that to change.Jon Rahm is one of many stars to have left the tour, with Tyrell Hatton and Ian Poulter also opting to leave. Sergio Garcia has also returned to the DP World Tour, while Bryson DeChambeau looked set to commit to staying on.But DeChambeau may now not have a tour to play on at all after the funding for the restructure was pulled.There is a scheduled hearing regarding LIV Golf’s bankruptcy set for Thursday, which could now start the liquidation process. The Athletic reported a spokesperson for the tour did not return their call when approached for comment.LIV Golf were set to restructure, however, after a series of withdrawals from players and now backers, they have been left of the brink of collapseGettyHow many players are left at LIV Golf?As reported by The Athletic, approximately 30 players are believed to have signed on to LIV Golf for the 2027 season. Another 10 players were still on the fence, according to a source. Multiple star players are included on that list of ten, including DeChambeau, Cam Smith, Joaquin Niemann and Dustin Johnson, but reports suggest they were unable to agree to a contract.LIV’s board of directors believed those stars decided to join the league’s 2.0 restruture, then there was a way forward.But BC Partners have backed out before decisions have been made, or at least before they have been revealed to the public.A source is reported to have said: “Essentially, time has run its course.”