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Tennis news - Lawn Tennis Association face £7.5m loss, participation down - report

LTA face £7.5m loss, participation down - report
By Eurosport

07/11/2018 at 15:51Updated 07/11/2018 at 15:58

The Lawn Tennis Association could be forced to announce a loss of close to £7.5m for 2018, according to the BBC.

The LTA made a profit of £1.2m in 2015, and apparently have reserves of £140m.

The financial shortfall has been partly caused by a reduction in revenues from Wimbledon, where a new roof is being built on Court One. The roof is due to be completed next year.

A spokesperson for the LTA said: "The LTA is now looking at how best to deliver the new vision and where it can have the greatest impact, to meet the needs of fans, players, coaches and venues to play tennis across Britain."

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