The staging of the PGA European Tour’s “crown jewel”, the Ryder Cup at JP McManus’s Adare Manor Hotel next September helped to deliver a portion of the £40.59m (€47.64m) in Ryder Cup revenues for the Tour in 2025.
This is revealed in new group accounts filed by PGA European Tour to Companies House in the UK which show that the £40.59m Ryder Cup revenues last year contributed to overall revenues of £346.37m for the PGA European tour where its main income comes from the “DP World and other”.
The Amgen Irish Open staged at the K Club in September of last year and won by Rory McIlroy contributed to the PGA European Tour revenues for 2025.
The staging of the Ryder Cup is now one year away at Adare Manor Hotel and a note states that the revenues linked to the home delivery of a Ryder Cup are recognised over a period of time and revenues for 2025 include those derived from contracts in Ireland, Italy and Spain.
Last year was an “away” Ryder Cup year where Europe won the event at Bethpage in New York and the £40.59m in Ryder Cup revenues compares to Ryder Cup revenues for the PGA European Tour of £8.2m in a non-Ryder Cup year in 2024.
As it is a ‘home’ event for the European PGA tour, the revenues from Adare in September 2027 will be more comparable to the £107.63m generated by the PGA European Tour from the 2023 Ryder Cup staged at Rome in Italy.
A note attached to the accounts states that the Ryder Cup generates substantial revenue through contracts established with the host nation and associated government and tourism organisations.
In his accompanying statement, chairman of the PGA European Tour, Eric Nicoli described the Ryder Cup as “golf’s greatest contest”.
“The Ryder Cup remains a crown jewel for the Group and attention now turns to organising the 100th anniversary match at Adare Manor in Ireland in 2027,” he added.
A report attached to the accounts states that group sponsorship and consumer turnover was £197m for 2025 compared to £181m in 2024 “reflecting the benefit of a Ryder Cup year, with revenues influenced by the biennial nature of the event”.
The group’s revenues from TV and broadcast income reduced from £109.6m to £75.32m and the accounts state that this occurred “amidst ongoing uncertainty over the future structure of the men’s professional game”.
The new accounts show that PGA European Tour recorded an operating loss of £64.49m due mainly to administrative expenses of £400.89m.
The group did record a pre-tax profit of £3.28m mainly due to a £67.59m gain related mainly to an Annual Investment Payment from PGA TOUR, Inc. and its subsidiaries as part of the strategic alliance.
Mr Nicoli said that the 2025 financial results are ahead of target, despite increased competition in men’s professional golf and a challenging macro-economic environment.
The PGA European Tour cash funds last year increased from £57.5m to £83.5m.
Reporting by Gordon Deegan
