Wimbledon prize money increases by 20% to £64.2m

Wimbledon prize money increases by 20% to £64.2mImage source, Getty ImagesImage caption, Iga Swiatek took home £3m for winning Wimbledon last year - a figure that will rise by £600,000 this summerByRussell Fuller at the All England Club, Wimbledon Tennis correspondentPublished5 minutes agoPrize money at this year’s Wimbledon will increase by 20% to £64.2m.The singles’ champions will each take home £3.6m with first-round losers paid £80,000.More than £6m has been set aside for the qualifying competition, an increase of 25%.Overall prize money has increased by £10.7m at a time when a group of players are campaigning for an even greater share of the proceeds.They believe the Grand Slams should link prize money to tournament revenue, as well as making contributions to their benefit pool and offering them a greater say in how the events are run.The players had been hoping for a sum close to £71.7m from Wimbledon. They want all four Slams to pay 16% of their revenue in prize money this year - and calculate that figure by adding 5% to last year's revenue.Williams' Queen's run over as injured Mboko withdrawsPublished3 minutes agoPlayers to cut short French Open interviews in pay rowPublished20 MayGB to face Czech Republic in BJK Cup quarter-finalPublished22 minutes agoThe All England Club (AELTC) paid the Lawn Tennis Association (LTA) £48.1m last year, under an agreement in which they distribute 90% of each year's surplus to the governing body.But executives at the club disagree with the premise that prize money should be linked to tournament revenue, and argue a lot of that revenue needs to be reinvested in the championships.They point to a successful business model which has enabled them to more than double player prize money over the past 10 years, and do not enjoy suggestions they are exploiting players "like some Victorian mill owners".The AELTC voluntarily distributed £10m in prize money to 620 players who would have featured in the 2020...