Asian Tour officials announced Friday that the formation of a new 10-event series will be added to its schedule next year in what appears to be the earliest vestiges of a new Saudi-backed global tour that will be led by Greg Norman.
Norman was named CEO of LIV Golf Investments which has committed $200 million to the Asian Tour to back the new series and “set in motion a number of momentous developments for professional golf worldwide,” according to a press release.
“This is only the beginning,” Norman said in the press release. “LIV Golf Investments has secured a major capital commitment that will be used to create additive new opportunities across worldwide professional golf.