The credit crisis has finally caught up with British golf after it was announced that the Italian open go Championship of golf was postponed for at least two years after the developers to host course Cornish encountered financial difficulties.
After 14 years of absence, the event was set to return to the European tour in 2009 to Saint Mellion near Plymouth, Devon. of club owners have the fault of the credit crisis for their impact on cash flows and ultimately the inevitable delay.
Expected an estimated 40,000 spectators, with millions watching on television.However, with the aim of the new year two Crown Golf claimed their commitment to the European tour in The Italian Open host by 2011.
This entry was published on Thursday, January 22nd, 2009 at 1: 27 pm and is filed under News. you can follow any responses to this entry through the RSS 2.0 feed. you can leave a response, or trackback from your site.
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