Wimbledon Increase Prize Money

by The Insider on April 22, 2010 · 0 comments

in Grand Slams

The credit-crunch defying figures mean reigning men’s champion Roger Federer and women’s holder Serena Williams will benefit from an increase of £150,000 ($A248,650) on the winning purses from 2009 if they retain their crowns in south-west London.

The total prize money has increased by £1.175 million ($A1.95 million) to £13.725 million ($A22.75 million).

All England Club chairman Tim Phillips said the landmark million pound prize reflected the tournament’s desire to provide a fitting reward for the world’s best players.

“Wimbledon exists in a highly competitive global marketplace and it is the world’s best players who create and drive the interest,” Phillips said.

“It is important that we offer a level of prize money which is both appropriate to the prestige of the event and which gives the players full and fair reward.

“It shows that the championships are successful and it shows that we care about the players.”

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