Wimbledon Championships reports record profit

  • 13 December 2012
  • From the section Business
Tennis star Andy Murray
Image caption The LTA said Andy Murray's success had encouraged British players' efforts

The Lawn Tennis Association (LTA) says this summer's Wimbledon Championships saw profits jump by 7% to record levels.

The LTA said the tournament's profits for this year were £37.8m.

The organisation invests the surplus back into British tennis.

It spent £12.3m in the past year investing in developing British tennis players and more than £17m on encouraging people to take up the sport.

The LTA said the number of active tennis players was growing.

It pointed to a survey by Sport England which said adult participants rose by 18% from last year's levels to 445,000.

There was a similar rise in numbers among the under-16 group to 58,400.

The LTA said Andy Murray's best year to date - including his Olympic gold medal and winning his first Grand Slam at the US Open - played a major part in strengthening the sport at its grass roots.

It noted that the year had been unique with the Olympic and Paralympic Games Tennis events added to the normal programme of the Wimbledon Championships, the Aegon Championships and the Barclays ATP World Tour Finals.

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