World Golf Series

LONDON: A new and lucrative World Golf Series is in the pipeline that could potentially shake up the sport’s global landscape with prize funds that dwarf the purses currently available on the established PGA and European Tours.

Reuters confirmed that British-based company World Golf Group has been planning on introducing a global tour that will feature huge prize money to attract the big names.

Details are not yet clear, but initial plans include a 15-20 event schedule around the world, each with a purse of close to $20 million.