Budget cuts put men’s and women’s tennis tour merger on indefinite hold

Budget cuts put men’s and women’s tennis tour merger on indefinite hold. Negotiations break down over proposed revenue shareWomen’s game faces significant cuts to operationsThe creation of a joint commercial venture between the tours of the men’s Association of Tennis Professionals and the Women’s Tennis Association has been put on hold indefinitely as the women’s game faces the prospect of making significant cuts to its operational budget.Negotiations over a merger, which would have meant the tours pooling their commercial and media rights, are understood

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Trechos de apoio da pauta: Negotiations break down over proposed revenue shareWomen’s game faces significant cuts to operationsThe creation of a joint commercial venture between the tours of the men’s Association of Tennis Professionals and the Women’s Tennis Association has been put on hold indefinitely as the women’s game faces the prospect of making significant cuts to its operational budget.Negotiations over a merger, which would have meant the tours pooling their commercial and media rights, are understood to have broken down over the terms of the proposed revenue share, with the WTA in effect walking away from a deal that had appeared close to being finalised last year. Continue reading...

• Ponto de atenção: budget.
• Ponto de atenção: cuts.
• Ponto de atenção: women.

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