Wimbledon delivers ‘record’ £50m to British tennis

Wimbledon delivers ‘record’ £50m to British tennis

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British tennis had a “record surplus” of nearly £50 million at the Wimbledon Championships last year.

The Lawn Tennis Association (LTA) received $ 49.853 million last year as a result of a contract that grants The All England Club (AELTC) the ability to give its governing body 90% of its profits each year.

The annual report states that despite a wet championship, the business kept the LTA’s budget at a record.

AELTC’s financial statement for the year ending July 2024 also reveals a slightly higher profit (£54.32 million) and a £406.507 million increase in turnover.

Players have long fought for a larger share of the revenue made by the four Grand Slams, despite the fact that prize money has doubled in the last ten years.

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Source: BBC

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