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The PGA Tours International Federation, which consists of the PGA Tour, the European Tour, the Southern African PGA Tour, the PGA Tour of Australasia and the PGA Tour of Japan, introduced three joint-sanctioned world championship events set to begin in '99 (World Golf Championships). In '99, the World Golf Championships will include three events, each with a purse of "at least" $4M. The first match will feature a match play format played February 24-28, '99 at La Costa, CA. The other events will be stroke play tournaments with no 36-hole cut. OH's Firestone Country Club will host the second event in August '99 and the last event will be played at Spain's Valderrama Golf Club. A fourth event is "slated to be added by" 2000. There will be "no title sponsors" for any of the new tournaments, but Anderson Consulting will serve as the "presenting sponsor" of the match play event (HOUSTON CHRONICLE, 10/30). Each of the tournaments will be seen in more than 120 countries. In the U.S., ABC/ESPN will carry February's World Match Play and November's Stroke Play Championship, while CBS and USA will cover August's World Golf Invitational (World Golf Championships). In Houston, Richard Dean reports that Greg Norman proposed "basically the same concept" three years ago, but his idea of a World Tour, with a possible partnership with Fox, was "dismissed" as one that would "weaken" the PGA Tour (HOUSTON CHRONICLE, 10/30). PGA Commissioner Tim Finchem: "It's different than the 1994 initiative that Greg Norman endorsed, in a couple of ways. Primarily, timing and structure" ("SportsCenter," 10/29).