Lawn Tennis Association announce losses of £8.8m in 2018 | Tennis News |

Lawn Tennis Association announce losses of £8.8m in 2018 | Tennis News |

Lawn Tennis Association announce losses of £8.8m in 2018 | Tennis News |

The LTA is guaranteed 90 per cent of Wimbledon revenues until 2053

The Lawn Tennis Association (LTA) have announced they made losses of £8.8m during 2018.

Losses more than doubled from £3.6m in 2017 despite an increase in revenue to £64.5m, the governing body’s annual report shows.

The LTA had described a report in November that forecast losses of up to £7.5m as “wildly inaccurate” and cited a net loss on their investment portfolio of £3.6m for the unexpectedly-high figure.

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