Daily Dispatch

Top golf blow for City

Funds dry up for March’s Africa Open

- By RAY HARTLE

EAST London has lost the annual Africa Open golf tournament scheduled for March next year.

This developmen­t was confirmed by Sunshine Tour spokesman Duncan Cruickshan­k, who said yesterday: “Essentiall­y the promoter hasn’t been able to raise funds. It’s not happening until the promoter can put together enough sponsorshi­p for it to happen.”

Promoter Mbali Ngqula said: “For the moment, the Africa Open is on hold pending meetings with current sponsors and stakeholde­rs.”

The event is a co-sanctioned tournament between the South African and European golf tours, ensuring participat­ion by top internatio­nal players.

Both the Eastern Cape Parks and Tourism Board and Buffalo City Metro have sponsored the tournament­s in previous years.

EL Golf Club general manager Brenden Fourie also confirmed the event had been removed from the club’s programme following discussion­s with the Sunshine Tour.

While he did not know the reason for the cancellati­on, Fourie said the club was still awaiting payment from the promoters for the 2015 tournament.

Ngqula confirmed that payment arrangemen­ts for a “deficit” were in place and “will be settled in early 2016”.

She said that while full funding for the 2015 tournament had been in place, the promoters had to absorb the “unexpected deficit” caused by exchange rate fluctuatio­ns.

Nobody involved in the tournament would provide details on the financial outlay necessary to organise the event, citing confidenti­ality issues. The only confirmed figure is the

million in prize-money (R15.4million) which is put up.

With hospitalit­y and logistics expenses, the total costs of holding the event could be almost double that figure and it is not known what percentage is covered by sponsorshi­p contributi­ons.

The value of broadcasti­ng rights could also not be determined yesterday.

Cruickshan­k was at pains to say the removal of the event from the Sunshine Tour was “temporary” and that it could be added to the tour in November next year if sponsorshi­p were confirmed.

However, without any prospect of additional funding from current sponsors or a completely new sponsor in the wings to underwrite the event, there appears little likelihood of the city holding on to the event.

Cruickshan­k said “the bulk” of the sponsorshi­p contributi­ons was sourced from within the Eastern Cape and with the exchange rate, “sponsors now need to come to the party in a major way”.

He said there was big interest in retaining the Africa Open in East London but that the tournament could probably only happen in November next year at the start of the next Sunshine Tour series, to piggy-back on another local golf tournament.

Ngqula said she was reviewing the internatio­nal status of the tournament, with the possibilit­y of it reverting to a national championsh­ip event.

Buffalo City Metro did not respond to queries yesterday while ECPTB said that it had not issued an “expression of interest” for golf tournament­s for 2016.

Border-Kei Chamber of Business director Les Holbrook said that while the tournament had value for the metro and the province, there were serious questions around the affordabil­ity of the event and whether the current sponsors could provide the financial backing required.

“It’s probably beyond the reach of BCM,” Holbrook said, adding, however, that it was heartening that the Sunshine Tour organisers were prepared to consider having the event later in the year. — rayh@dispatch.co.za

 ?? Picture: ALAN EASON ?? HUGE SETBACK: Retief Goosen, in action at this year’s Pro-Am at East London Golf Club, will be one of the stars fans will not see here
Picture: ALAN EASON HUGE SETBACK: Retief Goosen, in action at this year’s Pro-Am at East London Golf Club, will be one of the stars fans will not see here

Newspapers in English

Newspapers from South Africa