Golf-European and Asian tours in new 'joint vision for future'

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By Tony Jimenez LONDON, Aug 21 (Reuters) - The European Tour and the Asian Tour, who first collaborated for a co-sanctioned event 16 years ago, have announced "an innovative joint vision for the future of professional golf". Both organisations are lagging behind the PGA Tour in terms of prize money and international gravitas and Friday's news may be an indication of Europe and Asia joining forces in an effort to provide a stronger challenge to the supremacy of their U.S. rivals. Asian Tour chief executive Mike Kerr said closer ties with the European Tour "will greatly enhance the landscape of professional golf around the world and particularly in Asia.

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