Dec 14, 2012, 10.23 AM | Source: Reuters
Profits from this year's Wimbledon championships increased by seven percent to record levels, Britain's Lawn Tennis Association (LTA) said.
The LTA, which organises the two-week Grand Slam, published its annual report and financial review which showed profits at the grasscourt tournament rose to 37.8 million pounds, up from 35.2 million pounds the previous year. The surplus is invested back into British tennis.
The LTA also said it spent 12.3 million pounds on player development with 17.4 million pounds going on encouraging people to take up the sport.
The governing body highlighted the impact of an excellent year for Britain's Andy Murray, who claimed Olympic gold before taking the US Open title, in boosting grassroots participation.
The Board of Control for Cricket in India (BCCI) i
Yuvraj Singh's malignant lung tumour is almost out
Roger Federer outclassed Argentina's Juan Martin d
Australia's two-time World Cup winning cricket cap
HeidelbergCement India has reported a sales turnov
Medi-Caps has reported a sales turnover of Rs 6.77