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Wimbledon Championships profits soar to historic levels

  • Britain’s Lawn Tennis Association (LTA) announced on Thursday that this summer's Wimbledon Championships recorded a historic rise in profits.

    The LTA said the tournament's profits increased by 7 percent to $60.9 million.

    The sports body invests the surplus back into British tennis.

    Over the past year, the LTA spent $19.8 million investing in developing British tennis players and more than $27 million on pushing people to take up the game.

    The LTA said British player Andy Murray's success this year, which includes as Olympic gold medal and winning his first Grand Slam at the U.S. Open, boosted the sport amongst the public.