Tennis stakeholders announce multimillion package to support lower-ranked players



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Tennis stakeholders announce multimillion package to support lower-ranked players

The seven stakeholders of tennis have come together to raise a multimillion package to support the player relief fund during the coronavirus pandemic. The tennis season has been suspended since mid-March and there won't be any events taking place until at least mid-July.

The lower-ranked players are experiencing major financial difficulties and the goal is to help those players most affected by the coronavirus pandemic. "The governing bodies of world tennis have come together to raise in excess of US $6 million to create a Player Relief Programme aimed at supporting players who are particularly affected by the ongoing impact of the COVID-19 pandemic.
The initiative has seen the ATP, WTA, the four Grand Slam tournaments - the Australian Open, Roland-Garros, The Championships, Wimbledon and the US Open – and the ITF, unite in a show of support to players who are facing unprecedented challenges due to the global impact of COVID-19," the governing bodies said in its statement, per the Wimbledon website.

"Professional tennis is currently suspended until 13 July 2020.
In addition to contributions of their own, the ATP and WTA will administer the financial distributions of the Player Relief Programme, which sees respective contributions from the four Grand Slam tournaments and ITF split equally between men and women.

The Player Relief Programme will target a total of approximately 800 ATP/WTA singles and doubles players collectively, in need of financial support. Eligibility for the Player Relief Programme will take into account a player’s ranking as well as previous prize money earnings according to criteria agreed by all stakeholders.

"The move by the seven stakeholders provides the financial backbone of the Programme, with opportunities for additional contributions to follow. Funds raised through initiatives such as auctions, player donations, virtual tennis games and more, will provide opportunity for further support of the Programme moving forward and are welcomed.

"The creation of the Player Relief Programme is a positive demonstration of the sport’s ability to come together during this time of crisis. We will continue to collaborate and monitor the support required across tennis with the aim of ensuring the long-term health of the sport in the midst of this unprecedented challenge to our way of life, and our thoughts remain with all those affected at this time."