LIV Golf bankruptcy: Why the new investor NEEDS it

LIV Golf CEO Scott O'Neil recently announced a new lead investor would be helping to finance the future of the Saudi-owned league, but he was light on the details. So who is the reported new investor with BC Partners Credit, and why would they invest in a massive money loser? Well, it turns out that those huge net operating losses -- paired with a bankruptcy filing -- might be the exact reason why. Ryan Ballengee explains why BC Partners Credit might want a part of LIV Golf, its connection to GSE Worldwide and how another BC Partners Credit deal explains how the LIV Golf deal could work.