The Ladies European Tour is a professional golf tour for women which was founded in 1979. It is based in England. Like many UK-based sports organisations it is a company limited by guarantee, a legal structure which enables it to focus on maximising returns to its members through prize money, rather than on making profits for investors. The tour is run by a Board of Directors and a Players' Council. Most of the players on the tour are European, and the largest non-European contingent by far comes from Australia.
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“I know that you, ladies and gentlemen, have a philosophy, each and all of you, and that the most interesting and important thing about you is the way in which it determines the perspective in your several worlds.”
—William James (18421910)
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