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British tennis officials coy about decrease in Wimbledon profits
Wimbledon (England), Nov 25: English tennis officials has announced profits of USD 43.9 million from last summer`s Wimbledon Championships.
Wimbledon (England), Nov 25: English tennis officials has announced profits of USD 43.9 million from last summer's Wimbledon Championships.
The Lawn Tennis Association said profits were down from 2002 but did not say by how much. The LTA said revenues have decreased as a result of the economic downturn since the September 11, 2001, attacks in the United States.
Profits in 2001 were USD 54.4 million. Profits from Wimbledon go to the Lawn Tennis Association for the development of the sport in Britain.
The announcement came as three-time Wimbledon champion John Mcenroe began coaching junior players part-time for the LTA.
The LTA has been consistently criticised for its inability to develop tennis talent despite hefty spending.
Bureau Report
The Lawn Tennis Association said profits were down from 2002 but did not say by how much. The LTA said revenues have decreased as a result of the economic downturn since the September 11, 2001, attacks in the United States.
Profits in 2001 were USD 54.4 million. Profits from Wimbledon go to the Lawn Tennis Association for the development of the sport in Britain.
The announcement came as three-time Wimbledon champion John Mcenroe began coaching junior players part-time for the LTA.
The LTA has been consistently criticised for its inability to develop tennis talent despite hefty spending.
Bureau Report