ZAGREB (Reuters) - Croatia's only WTA tournament, Croatian Bol Ladies Open, launched in 1991, has come to an end because financial problems have forced director Antun Plenkovic to sell the license for the event to the United States.  

"The tournament will next year be played in Cincinnati," Plenkovic told wide-selling daily Vecernji List in an interview published Thursday. He said local hoteliers showed no interest in providing cash for fees and the prize money fund.

A WTA spokeswoman, speaking at Wimbledon, said the Tour had not been informed that the event had been scratched.

The tournament in Bol, on the picturesque Adriatic island of Brac, was launched when Croatia seceded from Yugoslavia in 1991. After a five-year break due to the ensuing war, it resumed in 1996.