Financial Times FT.com

The Business of Sport: Golf

Liquid assets

By David Owen

Published: June 11 2008 16:52 | Last updated: June 11 2008 16:52

Old Tom Morris, the sport’s Scottish founding father, would take a dim view. But 21st century golfers like to feel the sun on their backs.

Accordingly, recent years have seen an explosion in the number of golf courses situated in parched, even desert, areas. And with demand for good, clean water inevitably high in such environments, the golf industry is becoming increasingly adept at ensuring that its water use is efficient.

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