The officials of the Singapore Open said that there might be a change in the dates, prize money and even its sanctioning bodies. The organizers of the golfing event have to now search for a new title sponsor after the withdrawal of Barclays.
The event officials informed the media that the tournament was indeed here to stay, after promoters signed a fresh five year deal. However the officials were unable to provide details about the next edition of the event, sometimes known as the ‘Asia’s Major’. British bank Barclays will not be renewing its sponsorship after this year’s ongoing $6 million tournament.
The tournament is considered to be one of the region’s richest, but has struggled to attract top quality fields in congested parts of the season. Chris Jordan, the senior vice president of WSG for golf, said that organizers were now considering all possibilities for the future of the event.
Jordon also indicated that he was keen to shift the event, which was effected by rain, away from its current slot. The current event schedule was intended to attract players gather prize money to position themselves, before the European Tour season finale in Dubai. The senior vice president also admitted that he was disappointed with the current edition of Asia’s oldest national open, which dates back to 1961.