Ferguson Hails New Prize Money Guarantee Scheme for World Snooker Tour
World Professional Billiards and Snooker Association (WPBSA) Chairman Jason Ferguson has welcomed the introduction of a new prize money guarantee scheme that will see players on the World Snooker Tour (WST) guaranteed to earn a minimum of £20,000 for the first time during the 2022/23 season.
Jointly announced by WST and snooker’s world governing body the WPBSA, and supported by the WPBSA’s own players board, the new initiative will provide unprecedented support for all professional players. In particular, the scheme will provide stability for players to compete throughout the year.
Jason Ferguson, WPBSA Chairman said: “We are today delighted to be able to announce this new scheme which will underpin the future of our sport going forwards.
“There can be no question that the World Snooker Tour represents the pinnacle of our sport and that every player who has qualified through our recognised WPBSA pathways is deserving of the opportunity to compete at the very highest level.
“However, we are currently living through challenging times, with the global cost of living crisis combined with the continued impact of the coronavirus pandemic upon the international calendar, undoubtedly having a destabilising effect upon players.
“We further recognise that talent can come from anywhere around the globe, there are players from no fewer than 19 countries currently represented on the World Snooker Tour and I am sure this scheme will now make it possible for anyone to achieve their dreams and fulfil their potential. Player welfare is an issue that we take extremely seriously, and there is no doubt that this scheme will ease the pressure for many of our members, allowing them to do what they do best – play snooker and entertain the many millions of fans around the world.
“This scheme demonstrates the value of earning a two-year WST Tour Card and has been made possible through the tripartite structure that exists within our sport. This includes our commercial arm WST, the WPBSA as world governing body and crucially our WPBSA Players organisation, which ensures that the views of the players are heard at all stages. This demonstrates that our new constitutional changes at the WPBSA are working. I would like to place on record my thanks to fellow Chairman at WST Steve Dawson, the WST Board of Directors, and the new Players Board currently chaired by Ken Doherty, all of whom have contributed to making this happen.”
