“WTA is in a healthy financial position,” Chairman Steve Simon clears the air on WTA bankruptcy claims by Kazakhstan Tennis Federation VP
WTA Tour Chairman Steve Simon claims that the WTA is financially healthy and denies bankruptcy rumors.
Steve Simon ( Credits: Tennis.com)
Lately, the WTA Tour has been receiving a lot of backlash from tennis fans all over due to its funding and scheduling issues. That’s not all; many prominent players have also attacked the WTA recently regarding these issues.
Most recently, the WTA Tour faced the wrath of the Kazakhstan Tennis Federation when Vice President Yuri Polsky claimed that the WTA was nearing bankruptcy in the next few years. Although the quote was later found to be incorrect, nevertheless it caught enough attention to force WTA Chairman Steve Simon to clear the air around it.
The WTA is in a healthy financial position, a merger with the ATP is not under consideration, and we are excited about our strong future during which we will continue to grow and expand women’s tennis.H/T: Via interview with the Russian tabloid Championat
The issue of funding for WTA however remains a subject of great interest. The age old debate over pay gap between the ATP and WTA has been going on for years now but WTA has been unable to catch up. Players like Maria Sharapova recently spoke about the issue and can only hope that WTA’s proposed plan of matching the prize money of ATP before the end of this decade is successful.
Rumors suggest a possible merger between the ATP and WTA, but Steve Simon denies
There have been talks of a possible merger between the WTA and the ATP in light of the rumors surrounding the financial condition of the WTA. However, nothing has been confirmed. More so, the Chairman of the WTA completely denied a merger between the two, stating that the WTA was doing all right.
The top-level executives from the ATP and the WTA met in London last month to discuss and uplift the current status of the sport. However, there was no news confirming that merger talks were in place between the two A merger might not be the worst thing to improve the condition of the sport.
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Vineet Udaykumar
(254 Articles Published)