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Australian event cancelled due to money problems

The third biggest women's tournament on the Australian golf calendar has been cancelled after the sponsor and host course went into receivership.

Australian Ladies Professional Golf general manager Warren Sevil said the AU$100,000 Players' Championship, to be held at Horizons Golf Resort at Port Stephens beginning Thursday, was cancelled today after the receiver could not honour the resort's contractual obligations.

"There was no prior warning for us," he said.

"I got an email on Saturday from the receiver to say that they had taken over the resort and that they'd seen there was meant to be a AU$100,000 event."

"We obviously had two very successful events there the last two years and we were looking forward to going there this year.

"There was no indication, no-one at the resort even knew."

Sevil said the receiver was given a deadline of today so the players would have fair warning.

"Given that I was only told at the eleventh hour ... I had to say to Horizons if we don't have the money in the bank by today we can't play the event basically when we've got 100 players ready to go up there. "They needed to be advised today."

Sevil said it was extremely disappointing to have to cancel the tournament, in which women's golf legend Jan Stephenson was to have played.

"It's an official Order of Merit tournament, it's our third biggest tournament," he said.

"It's a tournament that the last couple of years has attracted a world-class field, we've had Laura Davies, who just won the Australian Open, play the last couple of years, so it's been a quality event.

"It's a great venue, great fields and a major event for us so it's disappointing but we had to make the call today in the best interests of the players."

Sevil said the ALPGA would try to secure an alternative arrangement for the event next year.

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