London, Apr 24 (UNI) Last year's Wimbledon Championships delivered a "record surplus" of nearly £50m for British tennis.
The Lawn Tennis Association (LTA) received £49.853m last year, under an agreement which allows The All England Club (AELTC) to pass on 90 pc of its profits to the governing body each year, the BBC reported.
"Despite a wet championships, the company delivered a record surplus for the LTA," the annual report says.
The AELTC's financial statement for the year to July 2024 also reveals slightly increased profits of £54.332m, and turnover which rose to £406.507m.
Prize money has doubled in the past 10 years, but players have long been agitating for a greater share of the revenue generated by the four Grand Slams.
Last month, the top 20 men's and women's players sent a letter asking for more prize money to the Australian Open, the French Open, Wimbledon and the US Open.
UNI BM