Greg Norman predicts golf recession to continue

As yesterday's story on the demise of the LPGA Tour explained, things are not as bright as usual for the golf world.

On the one hand, golf's greatest champion is back in action and seems to have returned to full power. Interest in the game rapidly recovered over the past year, and several new stars are rising on the PGA Tour.

On the other, sponsors are running away from tournaments as fears of continuing economic turbulence loom. This phenomenon is not limited to the LPGA Tour, as traditional golf companies like Buick have fallen due to the recession.

The Dubai World Championship, which signals the completion of this year's European Tour season, watched the tournament's total purse shrink from $10 million to $7.5 million over the past several months.

Greg Norman, designer of the Earth Course used by the Dubai World Championship, told the media that "Golf is not going to be like it used to be. It's tough out there - tough in business."

On the bright side, the champion of the tournament will still leave Dubai with a sizable $1.25 million check.

0 Response to "Greg Norman predicts golf recession to continue"

Post a Comment

Powered by Blogger