Wimbledon profits a growth industry

The Daily Mail on Sunday reports that Wimbledon is the gift that keeps on giving to British tennis.

A new tax filing by the AELTC reports that for the fiscal year ending July 31, 2018, the tournament generated £256.7 million ($336.3 million US) in revenues. It reported £39.7million in pre-tax profit ($52 million).

Sponsored

Revenues were up nearly 18 per cent from the previous year, while the pre-tax number held steady.

More than 93 per cent of those profits were given to the British Lawn Tennis Association to do … well, whatever it is they do with all that money.

That was £7 million more than 2017.

Recommended Stories

Contest winners enjoy the NY experience

Doubles guru Gigi Fernandez shares her passion

IMG Academy: Still groundbreaking after all these years

Rare pre-RG run for Paire

Laver Cup and ATP now a team

Photos: Federer, del Potro, Coric and Goffin

Rebecca's Roland return a rip-roarer

WTA Rankings Report – May 20, 2019

ATP Rankings Report – May 20, 2019

Comments