PGA Tour to loan Canadian Tour money
OAKVILLE, Ontario -- The PGA Tour has agreed to loan the Canadian Tour money and assist next year in tournament development and sponsorship.
The amount of the loan wasn't disclosed Wednesday.
"Understanding its current financial issues, the PGA Tour has agreed to lend support to the Canadian Tour in 2012," said Ed Moorhouse, the PGA Tour's co-chief operating officer. "Our goal is to help lend stability to the Canadian Tour, which we believe plays an important role in professional ...
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