The International Tennis Federation's (ITF) revenues surpassed pre-COVID levels in 2022, increasing by 47.6 per cent year-on-year to $98.3 million, it said on Wednesday. The world governing body of tennis added that it maintained significant reserves for financial sustainability and for use in strategic
The International Tennis Federation's revenues surpassed pre-COVID levels in 2022, increasing by 47.6 per cent year-on-year to $98.3 million, it said on Wednesday.
"The ITF's finances are robust," said ITF President David Haggerty, whose organisation converted a majority of its income into $85 million of contribution to the global game last year - up by 30.2 per cent from $65.3 million in COVID-impacted 2021. "I'm excited by what's in front for tennis, especially as a sport that benefits so much from a real commitment to gender parity and international development."
It added that its reinvestment in tennis had grown by 95.4 per cent or $41.5 million since 'ITF2024' was launched.
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