Last year’s Wimbledon Championships generated a record surplus of nearly £50 million for British tennis, according to new financial reports.
The Lawn Tennis Association (LTA) received £49.853 million from The All England Lawn Tennis Club (AELTC), under a long-standing deal that gives the LTA 90% of Wimbledon’s annual profits.
The AELTC’s latest financial statement, covering the year to July 2024, confirmed profits rose slightly to £54.332 million, despite bad weather during the tournament. Turnover also increased, reaching £406.507 million.
“The company delivered a record surplus for the LTA,” the AELTC’s annual report stated, highlighting strong financial performance even under challenging conditions.
While the LTA benefits from Wimbledon’s success, players are pushing for a larger share of the earnings from Grand Slam events. Over the past decade, prize money has doubled at Wimbledon and the other major tournaments. Still, many top players believe they deserve more.
Just last month, the top 20 men’s and women’s players sent a joint letter to all four Grand Slam tournaments—Wimbledon, the Australian Open, the French Open, and the US Open—calling for an increase in prize money.
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