From 1877 to 1912 The Championships were promoted and managed
by The All England Lawn Tennis Club and all profits remained
in their control. In 1913 the Club amalgamated their three
Championships with the five World Championships awarded
by The Lawn Tennis Association and, in return, agreed to
pay the LTA a percentage of the gate receipts. In practice,
the LTA waived their right to this income for the years
1913 and 1914 to allow the Club to further expand the Worple
Road Centre Court facilities. The LTA also took no money
in 1919 but in 1920 and 1921 received a very small percentage
of the gross receipts from admission and seats.
In 1920 a company was formed (The All England Lawn Tennis
Ground Ltd.) with the objective of the Club purchasing and
equipping a new ground at Wimbledon (present site) and with
a view to raising capital by the issue of debentures and
entering into a formal Agreement which would lock together
the interests of the Club and The Lawn Tennis Association.
The interlocking of the finances of The Championships between
the Club, The Lawn Tennis Association and the Ground Company
stems from an Agreement made in 1922, whereby the surplus
from The Championships was shared between the Club and the
LTA after paying the running expenses of the Club and deducting
a preferential sum towards the redemption of debentures.
A revised Agreement made in 1934 provided, inter alia,
for joint arrangements for managing The Championships instituted
by the Club, mutual obligations in the event of a Championships
financial deficiency and/or insufficiency, the transfer
by the Club to the LTA of one half of its share-holding
in the Ground Company and the payment to the LTA of all
the surplus arising from The Championships after meeting
expenses incurred in running and administering the Club
and the expenses of running The Championships (other than
capital expenditure).
The 1934 Agreement was varied by a Deed of Variation in
1993 to give effect to changes appropriate to the circumstances
in the 1990s and beyond: it comes to an end on or at any
time after 31st July, 2013 on the expiry of five years'
notice given by either party. The Deed of Variation perpetuates
the financial principles set out in the earlier Agreement,
recognises the part played by the Club in staging The Championships
and incorporates The All England Lawn Tennis Club (Wimbledon)
Ltd. as the fourth party to the Agreement – a company
formed for the purpose of exploiting commercially any trademarks,
trade names etc. for the financial benefit of The Championships.
The funds generated by The Championships, less tax, are
used by the LTA to develop tennis in Great Britain. The
sum paid in 1981 exceeded the million pound mark, for the
first time, and this figure has substantially increased
each year.
Championships Surplus 1877 - 1933
Funds generated by The Championships, less tax, are used by the LTA to develop tennis in Great Britain.
| YEAR |
SURPLUS |
|
YEAR |
SURPLUS |
|
| |
|
|
|
|
|
| 1877 |
(1) |
|
1905 |
£2,104 |
|
| 1878 |
(1) |
|
1906 |
£2,263 |
|
| 1879 |
£116 |
|
1907 |
£1,268 |
|
| 1880 |
£306 |
|
1908 |
£1,165 |
|
| 1881 |
£541 |
|
1909 |
£1,103 |
|
| 1882 |
£344 |
|
1910 |
£1,760 |
|
| 1883 |
£426 |
|
1911 |
£2,401 |
|
| 1884 |
£614 |
|
1912 |
£2,292 |
|
| 1885 |
£797 |
|
1922 |
£7,009 |
|
| 1886 |
£535 |
|
1923 |
£8,121 |
|
| 1887 |
£276 |
|
1913 |
£3,518 |
|
| 1888 |
£530 |
|
1914 |
£5,741 |
|
| 1889 |
£436 |
|
1919 |
£6,769 |
|
| 1890 |
£321 |
|
1920 |
£6,430 |
|
| 1891 |
£256 |
|
1921 |
£2,950 |
|
| 1892 |
£318 |
|
1922 |
£7,009 |
|
| 1893 |
£270 |
|
1923 |
£8,121 |
|
| 1894 |
£218 |
|
1924 |
£16,742 |
|
| 1895 |
-£33 |
|
1925 |
£17,165 |
|
| 1896 |
£142 |
|
1926 |
£17,372 |
|
| 1897 |
£132 |
|
1927 |
£18,676 |
|
| 1898 |
£70 |
|
1928 |
£13,973 |
|
| 1899 |
£200 |
|
1929 |
£16,160 |
|
| 1900 |
£311 |
|
1930 |
£27,224 |
|
| 1901 |
£735 |
|
1931 |
£18,408 |
|
| 1902 |
£548 |
|
1932 |
£22,936 |
|
| 1903 |
£780 |
|
1933 |
£25,380 |
|
| 1904 |
£1,291 |
|
|
|
|
Championships Surplus 1934 - 2006
| YEAR |
SURPLUS |
|
YEAR |
SURPLUS |
|
| |
|
|
|
|
|
| 1934 |
£24,413 |
|
1974 |
£87,478 |
|
| 1935 |
£24,349 |
|
1975 |
£121,422 |
|
| 1936 |
£25,571 |
|
1976 |
£184,516 |
|
| 1937 |
£27,367 |
|
1977 |
£501,616 |
|
| 1938 |
£24,217 |
|
1978 |
£515,976 |
|
| 1939 |
£23,705 |
|
1979 |
£306,737 |
|
| 1946 |
£25,100 |
|
1980 |
£420,810 |
|
| 1947 |
£21,881 |
|
1981 |
£1,068,952 |
|
| 1948 |
£30,101 |
|
1982 |
£1,530,585 |
|
| 1949 |
£35,803 |
|
1983 |
£2,751,154 |
|
| 1950 |
£30,875 |
|
1984 |
£4,252,193 |
|
| 1951 |
£41,088 |
|
1985 |
£5,373,444 |
|
| 1952 |
£35,227 |
|
1986 |
£6,200,848 |
|
| 1953 |
£69,417 |
|
1987 |
£7,154,990 |
|
| 1954 |
£60,445 |
|
1988 |
£7,670,657 |
|
| 1955 |
£61,983 |
|
1989 |
£9,202,486 |
|
| 1956 |
£59,416 |
|
1990 |
£9,620,856 |
|
| 1957 |
£50,233 |
|
1991 |
£11,990,761 |
|
| 1958 |
£51,458 |
|
1992 |
£14,282,940 |
|
| 1959 |
£50,964 |
|
1993 |
£16,419,974 |
|
| 1960 |
£51,926 |
|
1994 |
£27,876,306 |
|
| 1961 |
£48,521 |
|
1995 |
£27,932,657 |
|
| 1962 |
£46,607 |
|
1996 |
£29,125,964 |
|
| 1963 |
£58,310 |
|
1997 |
£31,002,000 |
|
| 1964 |
£57,712 |
|
1998 |
£33,078,748 |
|
| 1965 |
£55,270 |
|
1999 |
£30,222,804 |
|
| 1966 |
£49,041 |
|
2000 |
£31,136,610 |
|
| 1967 |
£60,054 |
|
2001 |
£32,044,906 |
|
| 1968 |
£37,310 |
|
2002 |
£25,626,034 |
|
| 1969 |
£73,685 |
|
2003 |
£25,869,917 |
|
| 1970 |
£57,245 |
|
2004 |
£26,840,761 |
|
| 1971 |
£66,973 |
|
2005 |
£27,035,130 |
|
1972 |
£64,993 |
|
2006 |
£25,544,765 |
|
| 1973 |
£58,048 |
|
|
|
|
Note: (I). No details available.
Note: From 1934 to 1955 a diminishing proportion of the
surplus was allocated to The All England Club |