Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Wimbledon prize money up more than 10 percent  Join our daily free Newsletter

MENAFN - Arab News - 01/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) London: total prize money for this year's wimbledon tournament will reach 25 million pounds (42 million) an increase of 10.8 percent that will mostly favor the early-round losers.

the all england club said tuesday that the men's and women's singles champions will each receive 1.76 million pounds (2.9 million) a 10 percent increase on last year's top prize won by andy murray and marion bartoli.

by comparison this year's french open champions will receive 1.65 million euros (2.3 million) while stanislas wawrinka and li na earned 2.65 million for their wins at the australian open in january. us open organizers have yet to announce the prize money for this year's tournament.

the main increases at wimbledon are for the early losers with players who fail to get past the third round receiving prize money worth 12.5 percent more than in 2013.

'we've placed emphasis on the large group of players who need our help the most those players who lose in qualifying and in the early rounds of the championships" wimbledon chairman philip brook said. 'we also had an eye to being competitive internationally and we do keep our watch on what is going on in other tennis events and in particular the other grand slams." the grass-court grand slam will be played from june 23-july 6.

in keeping with player demands for a larger slice of grand slam revenues all four majors have greatly increased their prize money in the past two years with wimbledon offering the biggest amount following a record 40 percent increase last year.

the french open now offers more than 25 million euros (34.5 million) while the us open increased its purse to 34.3 million and the australian open went up to au33 million (31 million).

the wimbledon prize money for the majority of singles players who lose in the first three rounds of the grass-court tournament has been increased by more than 100 percent over a three-year period. the main increase this year is for first-round losers with each receiving 27000 pounds (45450) 14.9 percent more than last year.

'this year we've got a very generous increase once again" brook said. 'we wanted to build on the focus from 2012 and 2013." there will also be an increase of 8.7 percent in prize money for doubles and a 6.1 percent increase for mixed doubles.

in all an extra 2.4 million pounds (4 million) is up for grabs compared to last year.

brook said plans to build a retractable roof on court no. 1 are still on track pending planning approval with an application to be submitted later this year. the roof similar to the one on center court should be completed in 2019 and court capacity will be increased by 900 seats to 12400.

brook also confirmed the tournament will start a week later in 2015 to create a three-week gap between the french open and wimbledon with the men's final on july 12.

'hopefully with the extra week more players will be encouraged to compete on grass" brook said.

seedings for this year's tournament will be announced on june 18.

brook said defending champion murray who has slipped to eighth in the rankings will stay among the top seeds thanks to his strong record on grass over the past two years.

wimbledon's seeding order is determined using the atp rankings and points are added for achievements in grass-court tournaments in the past 12 months.

'and we add to that 75 percent of the best-performing tournament in the previous year" brook said. 'for andy murray as the winner of queen's last year and the winner here last year and a finalist here in 2012 there will be a significant impact on him." brooks said the seedings will also have 'significant impact" on seven-time champion roger federer and novak djokovic brook said.

brook did not comment on speculation of a possible return to competition by bartoli ahead of wimbledon. the 29-year-old frenchwoman retired suddenly after a loss at cincinnati last august explaining that her body could no longer take the strain after 14 years as a pro.

when asked if her entourage had been in touch recently and if bartoli would be granted a wild card if she asked for one brook said: 'the rumors in france have not reached london yet so we'll wait and see."


 


Arab News




  MENA News Headlines
 Nov 26 2014 - Kuwait's Mabanee to invest USD910m on projectMENAFN
(MENAFN) Mabanee, the Kuwaiti real estate firm, announced it is planning to spend USD910 million on building the fourth phase of its development of The Avenues mall, Arabian Business reported.The ...

 Nov 26 2014 - Oman's Sezad, OOC sign MoU on Duqm refineryMENAFN
(MENAFN) The Special Economic Zone Authority of Duqm (Sezad) announced it has signed a Memorandum of Understanding with the Oman Oil Company (OOC) regarding construction work on the planned refinery ...

 Nov 26 2014 - Emirates Airlines adds new flight to Maldives routeMENAFN
(MENAFN) Dubai's Emirates Airline announced it has added a third daily service to Mal", the capital of the Maldives, which will begin servicing passengers on December 1, Arabian Business reported.The ...

 Nov 26 2014 - Abu Dhabi Int'l passenger traffic up 17 percent in OctoberMENAFN
(MENAFN) Abu Dhabi International Airport announced that it registered an increase by 17 percent in its passenger in October, Arabian Business reported.The airport said that it has registered a total ...

 Nov 26 2014 - Oman's Rolls-Royce sales grow 46 percent in Jan.-Oct.MENAFN
(MENAFN) Rolls-Royce Motors announced it has registered an increase in its sales in Oman by 46 percent during the January-October period, compared to the same period last year, Times of Oman ...

 Nov 26 2014 - GCC petrochemical industry to decline on falling oil pricesMENAFN
(MENAFN) Gulf countries' petrochemical industry is expected to begin facing challenges due to the falling of oil prices, US shale gas and China's polyethylene, Khaleej Times reported.These factors ...

 Nov 26 2014 - Syrian economy decline 40 percentMENAFN
(MENAFN) According to the Undersecretary General for Humanitarian Affairs and Emergency Relief Coordinator, Syria's economy has declined by almost 40 percent since 2011, due to the effects of the ...

 Nov 26 2014 - Qatar to invest USD43.62b on railways infrastructureMENAFN
Qatar's Ministry of Transportation announced it is currently working on the development of advanced transport infrastructure in the country, with several projects currently in the planning stages or ...

 Nov 26 2014 - Dubai's Kcal to expand to EgyptMENAFN
(MENAFN) Kcal, the Dubai-based restaurant chain announced it is planning to expand its business in the MENA region with its first store slated to open in Egypt by December this year, followed by 14 ...

 Nov 26 2014 - MENA's value of M&A deals hit USD9.3b in Q3MENAFN
(MENAFN) The Middle East and North Africa's (MENA) merger and acquisition activity increased by 17 percent during the July-September period of this year, with 109 deals announced compared with 93 ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help