( CNN ) -- Luke Donald 's hopes of defending his Madrid Masters title were dented in Saturday 's third round as the world No . 1 bogeyed three of his last five holes . The Race To Dubai leader was left six shots behind world No . 328 Lee Slattery , who held a two-stroke lead as he seeks his first European Tour title . Donald , hoping to become the first golfer to top both the European and U.S. PGA Tour money lists in the same season , made a solid start in Spain with four birdies in his first 11 holes , including one from the bunker at the fifth . But he closed with a bogey to sign for two-under 70 to be tied for 10th on 208 . Slattery , 136th in the money list , showed his fellow Englishman the way as he doubled his halfway lead with a flawless 69 that boosted his hopes of retaining his tour card . `` It 's all about not thinking about the big picture , '' the 33-year-old told the European Tour website . `` It 's very hard to do -- if you say do n't think about a pink elephant you automatically think of that , but there are techniques you can use to switch off . '' Australia 's Brett Rumford is in the hunt for a fourth European Tour title after a 68 left him tied for second with Italy 's Lorenzo Gagli , who shot 69 . Gagli 's compatriot and Ryder Cup winner Francesco Molinari dropped to a tie for fourth after a three-bogey 71 left him on 205 with Sweden 's Oscar Floren and Argentina 's Cesar Monasterio , who both signed for 67s . Donald 's main rival in the European money race is U.S. Open champion Rory McIlroy , who is playing at the Korea Open this week . The Northern Irishman started the third round in a five-way tie for the lead but fell 10 shots off the pace after a 73 on Saturday . American Rickie Fowler led by four shots from fellow PGA Tour star Y.E . Yang after equaling the course record at Woo Jeong Hills Country Club in Cheonan with an eight-under 63 . Yang , who won his home tournament in 2006 , shot 67 to be two clear of third-placed compatriot Meen-Whee Kim ( 66 ) .
World No . 1 Luke Donald six strokes off the pace at the Madrid Masters . Defending champion tied for 10th place going into Sunday 's final round . Fellow Englishman Lee Slattery leads by two , his first win . Rory McIlroy stays behind in Korea as Robbie Fowler equals course record .