On 30 December 2019, five days before the start of the 2020 BDO World Championship, BDO chairman Des Jacklin announced that the prize money for the upcoming event would have to be "reduced somewhat", although the BDO did not confirm what the new prize fund would be. Jacklin cited the failure to secure a sponsor for the event, and the fact that only 15% of tickets had been sold. The reduction in the prize fund and the failure to confirm the reduced amounts that players would receive was criticised by a number of players. In protest at the reduced prize money on offer, Fallon Sherrock, runner-up in the 2015 women's event, confirmed that she would be withdrawing from the competition. Ultimately, champion Wayne Warren received £23,000, a 77% reduction on the previous year's prize money and the lowest amount received by a winner of the tournament since 1989. In September 2020, the company went into liquidation bringing an end to 47 years of history.