Golf’s first $1M tournament expected
PA Melbourne An announcement will be made soon about the world’s first million dollar golf tournament to be held in Sydney, according tp the “Melbourne Herald” golf writer, Don Lawrence.
In his “Talking Golf” column in last evening’s “Herald”, Lawrence said Mark McCormack’s International Management Group is behind plans to stage golfs greatest extravaganza. He said two of McCormack’s senior lieutenants, Hughes Norton and Alistair Johnson, had arrived in Sydney to start final details for the mammoth tournament,
already tentatively scheduled for the Australian Golf Club in Sydney. Lawrence’s article said the tournament would be known as the “Grand Slam” of world golf. He. quoted McCormack’s Australia manager, James Erskine, as saying the total budget for the event would be around $2 million with backing by television interests in Australia and Japan.
Lawrence said it was no secret that Kerry Packer had been planning the rich tournament for some time and; he would be the Australian “end” of the arrangement.
Golf’s first $1M tournament expected
Press, 17 November 1980, Page 34
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