 |
ASIAN GOLF TODAY TOP STORIES

GOLF TODAY TOP STORIES 
|
China Tour launched to boost local talent
The
China Golf Association ( CGA ) today officially announced the launch
of the China Tour, an ambitious new professional circuit aimed at
speeding the development of the country's up and coming golfers.
"The future for golf in China - the real, long-term future
- is not paying large sums to bring the world's superstars to play
here. It is creating our own stars," Jiang Xiuyun, the executive
vice-president of the CGA told a press conference at the Peninsula
Palace hotel in Beijing .
"Apart from Zhang Lianwei and Liang Wenchong, we need to create
more stars that we ourselves can be proud of, stars that the Chinese
people will flock to see and stars that will eventually play among
the world's top golfers in the world's top tournaments. But we can
only achieve this by giving our best and most promising golfers
the opportunity to develop their competitive skills; by giving them
the chance to compete regularly."
CGA is partnering with industry heavyweight, World Sport Group
(WSG), the Singapore based company which last month signed a US$200
million extension to their agreement with the Asian Football Confederation.
"Our five year contract with World Sport Group gives China
Tour a long-term, rock-solid foundation. The terms of this partnership
guarantees that the tour will grow; it guarantees that the individual
events will grow and it guarantees that the talented young golfer
in China can earn enough to plan a career as a tournament player
in the real sense." The China Tour will begin with four events
in 2005, each with a US$100,000 pool of prize money, and will expand
by two events each year so that by 2008 there will be at least 10
tournaments, with US$200,000 at stake.
"It's all about professionalism, profile and profit,"
declared WSG senior vice-president Nick Mould. "The professionalism
of consistently presenting quality events over a number of years
will raise the profile of the game, the China Tour and Chinese players
in China . Those players who consistently compete and perform consistently
well, will also raise their personal profile and, through the prize
money on offer, will be able to profit from their success. It won't
happen instantly. It is a long-term process, and this is the first
step. It's developmental. It's an investment in the future development
of golf in China - but we are convinced that China Tour will be
the birthplace of a galaxy of rising stars!"
China Tour - Evolution
2005 - 4 tournaments, prize money US$100,000 per event
2006 - 6 tournaments, prize money US$150,000 per event
2007 - 8 tournaments, prize money US$175,000 per event
2008 - 10 tournaments, prize money US$200,000 per event
China Tour 2005 dates
August 17th to 19th - Elephant Golf Club , Beijing
September 21st to 23rd - venue to be announced
October 12th to 14th - venue to be announced
November 2nd to 4th - venue to be announced
July 5, 2005
|