• Most Popular
  • Most Shared

Rise in television revenue offers hope for new venues

TURNBERRY, Scotland
Mon Jul 20, 2009 12:21pm EDT

TURNBERRY, Scotland (Reuters) - Turnberry's return to the British Open rotation after a 15-year absence is due to increased television revenue which could offer new venues a chance to host the championship, organizers said on Monday.

Sports

"The huge media income we have now enables us to come to Turnberry. It does give us the opportunity to look at other venues," David Hill, director of championships for the Royal and Ancient (R&A) said

"Ten, 15 years ago, we had to go to venues where we were attracting 200,000 people because the (on-course) income was so important to us," he added.

The R&A signed an eight-year deal with Walt Disney Co's sports TV network ESPN in November last year to show the event in the U.S., Asia and Latin America while the BBC holds domestic television rights through 2011.

Former Open courses such as Royal Portrush in Northern Ireland, which hosted in 1951, have often be overlooked because they cannot cater for vast numbers of spectators.

Other famous courses such as Royal Dornoch in Scotland and Royal Porthcawl in Wales have never hosted the event.

"The infrastructure at most of the other venues that we might wish to consider, whether that be Dornoch, or Portrush or Porthcawl...is not quite there at this moment in time," Hill said, offering hope they could be considered in future.

Turnberry's remote location on the South Ayrshire coast and previous lack of infrastructure had meant it had not hosted an Open since 1994.

More than 123,000 spectators, 80,000 fewer than last year at Royal Birkdale, attended across the week to see American Stewart Cink lift the Claret Jug after beating 59-year-old compatriot Tom Watson in a four-hole playoff.

The R&A said it was not concerned that on-course revenue (from ticket sales, catering, merchandise etc) for the week was down about 3 million pounds ($4.9 million) on last year's championship because of fewer fans.

"When we take our overall revenues it is not substantial. It's not anything that is worrying us," Hill said.

(Editing by Nigel Hunt)



More from Reuters

Photo

Strong U.S. retail sales rise boost recovery hopes

WASHINGTON (Reuters) - Sales at U.S. retailers rose more than expected in November as consumers stepped up spending on gasoline and a wide range of other goods, data showed on Friday, raising hopes of a self-sustaining economic recovery.

A weary trader rubs his eyes as he pauses outside the New York Stock Exchange following the end of the trading session in New York October 9, 2008. REUTERS/Mike Segar

PIMCO finds its calling

It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations."  Full Article 

A security personnel stands guard near oil pipelines at Tawke oil field near Dahuk, 400 km (245 miles) north of Baghdad May 9, 2009. REUTERS/Azad Lashkari

Now or never for Big Oil

The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields.  Full Article