Golf must be careful of soaring prize money, says head of R&A
Mark Darbon says golf must heed lessons of English rugby, where clubs raised wages beyond what revenues could support
Related reading
LIV Golf races to secure financial lifeline as Saudis walk away
Lossmaking tour confirms it is seeking backers as PIF prepares to cut losses at end of season
English rugby scraps automatic relegation to boost investment
RFU says move will create ‘globally competitive leagues’, expand fan base and bolster women’s game
Home golf simulators are on the upswing
Tiger Woods’ televised indoor competition TGL is just one of the catalysts driving the popularity of the sports technology
Football investors face gruelling second half
Firms that got in early enough made some quick gains, new arrivals will need to play for longer
Gilts: blame the hedge funds?
No one’s doing it like the Brits
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses