 Woods: Can he be tempted back for showdown?
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The move will be a blow to the PGA Tour, which has invested heavily in its controversial FedEx end of season pool for its stella players but at times struggles to keep its sponsors - and perhaps more significantly its TV audiences - interested when the top names are not competing. With star names like Woods, Mickelson and Furyk keen to spread their wings more globally, to lose them to at least three 'out of town, off schedule' tournaments could be a bitter pill to swallow.
“There is absolutely no way it will be dropped from 11 [counting events],” commented O'Grady. “Quite a lot of our players think we should raise the number and that is being discussed by the committee in January. This isn't all about Tiger Woods.”
However, Justin Rose proved that if you're fit and keen enough and can handle the travelling, it's possible to split your time across either side of the Atlantic. He won the European Tour order of merit competing in just 12 events.
Following Dubai World Championship tournament, the season's 15 top-ranked players by earnings will share a bonus pool of US$10million and the No.1 player will receive US$2m, the runner-up US$1.5m and the third-placed player US$1m, with prizes down to US$0.25m.
The inaugural event - the climax of The Race to Dubai - will take place from November 19-22, 2009, on either the Fire or Earth course (Wind and Water courses are in the planning stage) at Jumeirah Golf Estates with the winner earning US$1.66m.
The first five years of the partnership with Leisurecorp will see the construction of an international headquarters for the European Tour and the creation of a global property company to develop new tournament venues around the world.
And you thought Formula 1 and Premiership football was big sporting business! How will the European Tour's move affect the average golfer's approach to the sport. Will it attract more golfers, create more courses, lift the standard of play, give the Ryder Cup a further boost? Can you see Woods, Mickelson and Furyk chasing the BMW PGA Championship at Wentworth? Give us your views on the forum.