The European Tour and PGA Tour have signed a “strategic alliance” which will see the organisations get the job done together on scheduling and playing alternatives for customers.
The PGA Tour will acquire a minority investment decision stake in European Tour Productions, which generates and distributes the Tour’s content material, and commissioner Jay Monahan will also consider a seat on the board of the European Tour.
European Tour main government Keith Pelley mentioned: “This partnership is an historic minute for the recreation of golfing and is a excellent option for each the European Tour and the PGA Tour to examine approaches to occur together at the quite pinnacle of our sport and work in unison for the profit of the men’s skilled video game.
“Present-day announcement is the formalisation of a nearer doing the job marriage involving the Tours in latest many years.
“It was a person which was crystallised earlier this calendar year when equally Jay and I were being component of the working group made up of representatives of the four majors and the LPGA, a group which aided shape the remainder of the golfing calendar for 2020 all through unprecedented periods.
“We shared the worries of performing by way of a 12 months neither of us could have ever imagined and we observed definite synergies in many places of our respective Excursions. That gave us the impetus to go forward collectively and get there at this momentous announcement we are making right now.”
Monahan added: “We are thrilled to announce this additional strengthening of our partnership with the European Tour, and we seem ahead to doing the job with each other for the reward of the men’s professional video game and for golfing followers about the earth.”
The shift will be observed in some quarters as a response to the danger posed by the proposed Leading Golf League. Below the proposals outlined in January by the Earth Golf Group, 48 gamers would compete in an 18-event time providing a overall prize fund of over €200million.
Rory McIlroy, who was the earth amount just one at the time, was the initially player to rule himself out of enjoying in the league and was afterwards joined by Jon Rahm in pledging his loyalty to the European Tour and PGA Tour.