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Takeaways from the PGA European Tour 2023 financials

Takeaways from the PGA European Tour 2023 financials

PGA TOUR tightens its grip on DP World Tour

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Money in Sport
Oct 07, 2024
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Takeaways from the PGA European Tour 2023 financials
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Takeaways from the 2023 financials of PGA European Tour (“ET”) published last week:

  1. The losses being incurred by ET in operating the DP World Tour continue to be a serious concern.

  2. $25 million (£19.6 million) of support was provided by PGA TOUR for the ET total prize fund of £144 million in 2023 the majority of which was covering shortfalls in existing p…

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