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MORNING READ: 'The European Tour Is in Deep Trouble'; Speculation About Merger With PGA Tour

THIS WEEK IN MORNING READ Mike Purkey wrote, "The European Tour is in deep trouble, and it appears that the PGA Tour will come riding to the rescue. But at a price."

The European Tour has canceled 16 events due to the coronavirus pandemic, including The Open Championship, its first cancellation since World War II. They still hope to play a 26-event schedule that begins (hopefully) on July 30.

Obviously, the Europeans don't have PGA Tour-level resources. Survival is the goal.

Purkey quoted an April memo from European Tour CEO Keith Pelley:

"Our tour has enjoyed a significant period of growth in recent years, in terms of prize funds, playing opportunities and the overall standard of our events, as well as our broadcast product.