The European Tour says it wishes to continue supporting existing co-sanctioned events and is even looking to expand its stable of co-sanctioned tournaments. The European Tour is embroiled in a row with the Asian Tour over December's Omega Hong Kong Open. The Asian Tour has refused to co-sanction the annual event because the promoter of the Open - London-based Parallel Media Group - wants to include it in its own series of tournaments outside of the Asian Tour's control. George O'Grady, the European Tour's executive director designate, said in a statement: 'The position regarding existing co-sanctioned events is very simple. The European Tour wishes to continue to sanction these tournaments, on the same terms and conditions as have applied in the past. 'Where the European Tour and the Asian Tour wish to co-sanction tournaments, they should do so on the basis that the starting field will have an equal number of players from the European Tour and the Asian Tour, as has applied in the past for events in Asia co-sanctioned by The European Tour. 'Television arrangements will remain exactly the same, including the sharing of rights income. The terms and conditions upon which co-sanctioned events develop and evolve over time, need to reflect and maintain a balance between the parties. The cornerstone, though, of the development of international tournament professional golf has been the creation of a stable commercial environment. With that in mind, the European Tour is very enthusiastic about supporting existing co-sanctioned events starting from established arrangements and considering new opportunities in the full context in which they arise.' The Omega Hong Kong Open is scheduled to go ahead at Fanling on December 2-5.