"For any business to rely so heavily on any one client has always been a strategy fraught with risk."
/For all of the European gloating over its increased strength at the PGA Tour's expense, John Huggan notes this about the new schedule and Race To Dubai:
There is also the nagging thought that the European Tour – perhaps unavoidably in the present economic climate – is putting an awful lot of eggs into one Arab basket. For any business to rely so heavily on any one client has always been a strategy fraught with risk. But, in O’Grady’s defence, this was a deal to which he could hardly say no. Not only is Leisurecorp directly sponsoring what used to be called the Order of Merit and the season-ending blockbuster, money is also being provided to prop up less fortunate events like the South African Open, and the European Open.
“We will be giving $40m over the next five years,” revealed Spencer. “That’s a good little treasure chest.”