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One of world's top developmental tours shuttering at year's end

After 20 years, one of world’s top developmental tours is shuttering.

The PGA EuroPro Tour, billed as “the U.K.’s largest and the world’s most broadcast developmental golf tour,” announced Wednesday that after 20 years this season will be its last. The tour, which launched in 2002, has one final event left, the Matchroom Tour Championship on Oct. 19-21 in Enniskillen, Northern Ireland.

As it has done since its inception, the EuroPro Tour will hand out five Challenge Tour cards to its top five point-earners following the season finale.

“In a market evolving quickly, the PGA EuroPro Tour feels the impact of changing global investment, media and sponsorship,” the tour’s CEO, Daniel Godding, wrote in a letter.