13 Sep 2012

European Tour loses a second event

11:47 am on 13 September 2012

The European Tour has lost a second event from this year's golf calendar due to the financial crisis in continental Europe.

Andalucia's tourism office has withdrawn its 3,000,000 euro sponsorship of the Andalucian Masters at Valderama, which was scheduled for the third week of next month.

It's the second Spanish Tour event to fall victim to the financial crisis this year after the Madrid Masters was cancelled due to the financial woes of its main sponsor.