(Reuters) - Spaniard Jose Maria Olazabal has criticized the European Tour's decision to launch the EurAsia Cup team match play event next year and said they should have re-established ties with the Royal Trophy. Olazabal is captaining Europe in the seventh edition of the ongoing Royal Trophy matchplay event, which was launched in 2006 by his former Ryder Cup team mate and compatriot Seve Ballesteros and is backed by the Japan Golf Tour and China Golf Association (CGA). The European Tour supported the venture before dropping it and then opted to launch a similar tournament in Malaysia next year with the Asian Tour, which used to host CGA tournaments before the Chinese opted to side with the rival OneAsia Tour. "I know the European Tour sanctioned this event for two years and then a split occurred for some reason," Olazabal said in a statement released by the Royal Trophy on Saturday. More...