Published: Friday 21st of November 2008
The future of tennis' top attraction looked to be secured this week as the body that runs the Wimbledon Championships and the sport's administrative organisation reached a new agreement.
The All England Lawn Tennis and Croquet Club (AELTC) and the Lawn Tennis Association (LTA), who have co-ordinated their efforts for the historic grass-court tournament since 1922, have laid down a new arrangement crucial to the funding of the sport.
Until at least 2053, 90 per cent of any "distributable financial surplus" arising from the annual Wimbledon tournament – including gate receipts, merchandising sales and so on – will be handed to the sport's governing body, under the new deal.
The president of the LTA Stuart Smith said: "This agreement is very good news for British Tennis, the All England Club and the world's premier tennis event.
"If accepted by our two organisations, it will ensure that The Championships will continue to make a significant contribution to the development of tennis for many years to come – from the grassroots to elite."
The surplus from the 2008 Championships was £25.667 million.
Tennis-loving LondonPass holders can enjoy free entrance to the Wimbledon Lawn Tennis Museum at the world-famous All England Club, as well as the Wimbledon Tour Experience – both of which give a fascinating insight into the game from its early origins to the present day.
Follow The London Pass blog to learn about the latest news with attractions, sights and sightseeing events in the city. As well as useful tips, hints and advice for visitors to the city and how to make the most of your sightseeing time in London. We hope you enjoy…
Don't miss the last night of the Proms!
Wednesday 4th of September 2013
The classical music season is well and truly underway with the last few nights of the Proms, featuring...
London markets attract buyers from across the globe
Monday 26th of August 2013
One of the best reasons to take a trip to London is you get the opportunities to acquaint yourself...
Get your dancing shoes on at Notting Hill Carnival
Monday 19th of August 2013
Once a year, the streets of London come to life with exotic dancing, celebration and the sweet-smelling...
Explore the cryptic mysteries of the Tower of London
Monday 12th of August 2013
Very few buildings in London have quite managed to capture the imaginations...
Enjoy the fun and festivities at London's greatest fringe festival
Monday 5th of August 2013
Camden Fringe is a lively medley of theatre, song and spoken word which is set to entertain visitors...
London Attractions: Celebrate royalty this month at Kensington Palace
Monday 29th of July 2013
If you are looking for things to do in London then why not join thousands of Brits, who are celebrating...
London attractions: How to entertain kids this summer - Kids Week London
Wednesday 24th of July 2013
If you are busy trying to entertain the kids this summer and are on the lookout for things to do in...
London attractions: Outdoor theatre events in London
Monday 22nd of July 2013
One of the best things about summer is that theatres across the country - such as Shakespeare's...
Things to do in London: Buckingham Palace Summer Opening
Thursday 18th of July 2013
It's not every day you get to visit the dwelling places of kings and queens, particularly when...
London attractions: How to enjoy the best of fine dining in the city
Wednesday 17th of July 2013
If you are visiting London this summer and are on the lookout for great places to eat after a day...
Top 5 sporting events in London in summer
Thursday 11th of July 2013
If you are a sports fan who is on the hunt for exciting things to do in London, then there are plenty...