The LTA (Lawn Tennis Association) is set to receive another cash boost following the announcement yesterday that Wimbledon has generated a £44 million surplus, a substantial part of which will be handed over to Roehampton for the benefit of British tennis.
The AELTC, who organise and host the annual Championships, have seemingly not suffered much in financial terms considering they were forced to cancel the event in 2020 having had the foresight to insurance against such a calamity.
This year they were able to successfully work through the restrictions which were placed on the venue involving reduced crowds, specifically in the first week. In the second, though the Club was allowed to fill the two main show courts from the quarter-final stages.
The surplus may be nearly £6 million short of the £50.8 million raised in 2019 but under the circumstances, an excellent result for the Club which is getting set to start its expansion programme into the neighbouring golf course which will also be helped by the recent successful sale of No.1 Court Debentures.
And from next year, The Championships will be played over 14 days as there will be no rest day on the middle Sunday generating another day of tickets sales.
For the LTA, this boost to their coffers follows the £22 million which the Government is providing them with to repair public courts following the increase in interest in the game created by Emma Raducanu’s triumph at the US Open.