The Lawn Tennis Association are expected announce losses of up to £7.5m and a fall in participation over the course of 2018. For the third year running, it is understood the LTA have failed to make a profit having previously posted losses of £1million in 2016 and £4.7million last year.
Documents seen by the BBC have now revealed another year of significant losses, although the governing body retain vast cash reserves and are expected to be back in the black in 2019. The financial shortfall has been partly blamed on the revamping of Wimbledon with the construction of a roof on Court One having reduced the capacity of one of SW19’s showcase stadia.
It is also expected that the LTA will reveal that participation levels in tennis have fallen by 10 per cent in 2018 with minimal success by homegrown players on the professional circuit thought to have had an impact, Andy Murray having only played in six tournaments due to a hip injury.
In response to the reports, an LTA spokesperson told the BBC: “The LTA has a new vision to open tennis up and grow the sport through making it relevant, accessible, welcoming and enjoyable to anyone. “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.”