EXCLUSIVE: PGA Tour ‘underpin’ covers European Tour’s 2023 loss

(Stuart Franklin/Getty Images)
(Stuart Franklin/Getty Images)
The European Tour broke even in 2023 thanks to £19.6m (€23.3m/$25.7m) in funding from the PGA Tour designed to cover any deficit under the terms of the “strategic alliance” between the two tours, SportBusiness can reveal.

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