LTA posts first operating profit for four years, but warns of uncertain post-pandemic future for tennis
The Lawn Tennis Association has declared its first operating profit for four years but warned of uncertain times ahead due to the impact of the coronavirus pandemic.
The LTA’s finance and governance report for 2019 revealed a profit of GBP 8.7million, in contrast to a GBP 6.3m loss the previous year, albeit significantly bolstered by its income from the Wimbledon Championships.
The tournament’s cancellation for 2020 is set to deny the LTA its biggest single source of funding, but its chairman Lord Mervyn Davies expressed confidence in the organisation’s ability to weather the blow.
Planning to get #BackToTennis in England this week?
Read our full guidelines for players, coaches and venues on how to play safely 👉 https://t.co/jDMJvw1Vfa pic.twitter.com/GzudaRoRNI
— LTA (@the_LTA) May 20, 2020
Davies wrote: “It is too early to fully assess what implications the pandemic will have on tennis in Britain, but the financial governance measures we have in place will help ensure we are in the strongest position we can be to address the challenges that may come.
“Our goal will be to provide the right support, for the right people, at the right time, so that tennis in Britain emerges from this period in as strong and healthy a position as possible, and the sport is able to resume its unique role in keeping the nation active.”
Follow us on Twitter @T365Official and like our Facebook page.
Latest
-
WimbledonRoger Federer is beaten on grass as his Wimbledon hopes take a hit
Federer’s hopes of a lengthy run in the Halle grass court event came to an end as he was beaten by Felix Auger-Aliassime.
-
NewsCameron Norrie beats Australian Open semi-finalist Aslan Karatsev at Queen’s
Norrie is through to the last eight at Queen’s Club for the first time.
-
WimbledonWimbledon to open its doors to the public and here is how you get tickets
The 2021 tournament is set to get under way on June 28 at the All England Club.
-
NewsAndy Murray receives Wimbledon wild card with preparations in full swing
Murray will play singles at the All England Club for the first time since 2017.
-
WimbledonAndy Murray gets Wimbledon wildcard as rising British star is also rewarded
Andy Murray has been announced as one of the initial recipients of a Wimbledon wild card, along with fellow Brit Jack Draper.
-
WimbledonWimbledon confirm Naomi Osaka has yet to withdraw from this year’s Championships
Wimbledon chiefs have confirmed that Naomi Osaka is still entered into the draw for this year’s Championships.
-
NewsAndy Murray braced for tough time watching Scotland game in all-English bubble
The former world number one will be with his coaching staff at Queen’s when the two countries face off at Euro 2020.
-
NewsAndy Murray preparing for a tough night when Scotland play England in Euro 2020
Andy Murray is fearing a “tough” experience when he watches Scotland’s Euro 2020 clash with England on Friday.
-
Kevin PalmerExclusive – Judy Murray urges tennis chiefs to provide mental health aid to all players after Naomi Osaka incident
Judy Murray believes game should do more to support players.
-
NewsAndy Murray admits he has been telling himself each match could be his last
After completing a routine 6-3 6-2 victory – his first singles win on home soil in 1084 days – Murray became tearful in his courtside interview.