Stenson reveals Stanford investment

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Currently in Arizona for the WGC-Accenture Match Play Championship, the world number six told American magazine Golfweek that he signed a three-year business deal with Stanford last summer and at the same time transferred funds into a bank account.

"Not all my money, but I have quite a big part of my own savings and investments with them," he said. "I don't know anything more than I read in the papers, so it's obviously not a happy situation for a whole lot of people."

He added: "It's a very unfortunate situation. I'm a victim as is everybody else in that big thing, so we just have to see how bad it is.

"Everybody has got to sit tight and see what comes out of it, but it's obviously hard to be too positive about it at the moment."

Vijay Singh and Camilo Villegas are two more of the world's top 10 players with ties to Stanford and Singh was still wearing the company's logos in Tucson this week.

Stanford is also a 'platinum level' sponsor of the Tiger Woods Foundation, which funds the world number one's California learning centre and stages the PGA Tour's AT&T National event.

Another event in Memphis has Stanford as its title sponsor, while the concluding tournament of the women's tour is the Stanford Financial Tour Championship.

Tim Finchem, PGA Tour commissioner, said on Tuesday: "The situation of Stanford is volatile - I don't know where that's going to come out.

"It would not be appropriate for me to speculate on what their issues are and what actions are being taken and what that means. We're just in a monitoring situation right now."