Dubai’s World Championship prize money is cut by 25%
Last week the decision was made the European Golf Tour has confirmed that there will be a 25% reduction in the prize money awarded at the season ending Dubai World Championships and for the Race to Dubia bonus pool.
If a player is lucky enough and wins both the tournament and the Race to Dubai they will now take home £1.7 million instead of the £2.2 million they could have had if the decision was not made to make the 25% reduction in prize money.
The move follows discussions in the United Arab Emirates between Tour chief executive George O’Grady and event sponsors Nakheel. They came to decision to reduce the prize money to reflect the current worldwide economic position and have stated that they will jointly examine prize money levels in future years in the light of this developing global circumstance. The prize funds for both competitions are significant amounts that are worthy of the season-ending tournament and world-class field that will be competing, yet they are reflective of a new economic climate.
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