Aug 14 2013
PGA Tour commissioner Tim Finchem has denied the organisation has made an offer to buy the European Tour.
Reports in various newspapers have claimed the sport's US tour had made a bid for its European counterpart as frustration from players on this side of the Atlantic grows with the state of the game.
Finchem said: "Certain news reports today have indicated that the PGA TOUR has made an offer to acquire the European Tour. Those reports are inaccurate.
"However, as I have stated publicly on several occasions, the integration of professional golf can create additional value for our players, sponsors and fans.
"Such integration has been ongoing since 1994, with the founding of the International Federation of PGA Tours, and has led to the establishment of the World Golf Championships in 1999 as well as the World Cup as a Federation-sanctioned event. More recently, all the major golf bodies around the world worked together to bring golf back to the Olympic Games.
"These conversations among the Tours within the Federation will continue as we explore additional collaborative efforts for the presentation of our game. To the extent any of those efforts prove feasible, additional information will be provided at that time."
Some European Tour players have become frustrated with what they see as the body's failure to maximise the sport's potential in the continent.
The financial troubles in the eurozone have led to an increasing amount of blank weeks on the European calendar, while there is a sizeable disparity in prize money between the two tours.
Paul Casey, a member of the European Tour's tournament committee, recently said it was "time for change" as the organisation is "so far from maximising" its potential.