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.
related subjects
- Tennis
Source: BBC
Leave a Reply