The "frankly terrifying" state of the global economy has led golfer Eddie Pepperell to admit that he is concerned for the future of the European Tour due to the coronavirus pandemic.

After staging two co-sanctioned events in Austria with the Challenge Tour over the past fortnight, the full European Tour returns to action for the first time since early March with this week's British Masters, which will also mark Paul Dunne's return to action after injury and the delay caused by the pandemic saw the Irishman absent for nine months.

The tournament, which Dunne won in 2017, has a prize fund of €1.25 million and is the first of six events on the newly-formed "UK Swing".

Speaking to Saturday Sport on RTÉ Radio 1, Dunne had been unsure whether he would be on the entry list for the remaining five events which have purses of €1 million each and had to be created and funded by the European Tour itself.

"I'm in the next event as a past winner and then the next five, I'm not sure if I'll get in them. I'm hoping to," he said.

Ireland's Paul Dunne returns to action this week

In stark contrast the PGA Tour has been providing full prize funds since it returned last month and €9 million is up for grabs at next week's WGC-FedEx St Jude Invitational, but while Pepperell personally feels under no financial pressure to play, he is concerned about the broader picture.

"Everyone is in different positions in terms of career, finances and family," the 29-year-old Englishman said.

"From my particular perspective there's no pressure on me, I don't feel I have to play golf for any reason at the moment, it's purely do I want to play and support the Tour, and of course I do.

"But at the same time, should I not enjoy the lifestyle very much then it won't be very long before I just decide to stay at home and enjoy a bit more freedom.

"I worry more about the cascading effects because if we're playing for 30% less then that has a knock-on effect; I don't pay my caddie as much, I don't pay my coach as much, I don't pay my physio as much so they're not as wealthy and that's what concerns me with not just golf obviously.

"It's the whole situation we see around the world, the deflationary aspect of it which is frankly, a little terrifying.

"I am aware of that and though I'm not personally concerned for myself I'm aware that I'm just a tiny little pawn in all of this and the overall system I want to see obviously maintain a little bit of what it had."

Asked if he feared for the future of the European Tour, Pepperell added: "I suppose so, but ultimately there's probably a dozen companies on the planet that could have survived this crisis without massive intervention and they are the Apples and Amazons of the world.

"I don't think the fact that the Tour could struggle is necessarily a sign it wasn't in a decent enough position heading into this crisis, this is just such a huge crisis.

"I don't know the ins and outs of it all, Keith (Pelley, European Tour chief executive) does I suppose and he's going to earn his crust at this period in his career."