LTA Tournament Bonus Scheme 2015

wimdledont · Challenger level

LTA Tournament Bonus Scheme 2015

indiana · Tennis legend

Wow, they'll go bankrupt at this rate.

Grr ... It WAS a so much better scheme.

Anyone up on the LTA finances able to put that into context in relation to the LTA finances, overall income and expenditure.

I'll hazard a start.

0.0 ...... %

Coup Droit · Tennis legend

Brilliant, wimblyt.

So, in fact, that's the cost, approximately, of the one sofa they bought for the NTC headquarters?

Do love to see priorities well set . . . . .

wimdledont · Challenger level

To be fair, Indy, this only covers one sex, and only for the first 5 months of the year.

I believe the LTA claim to have allocated £10,000,000 over the full 12 months for "professional player development" - so £5M for the women. (This out of only one quarter of the Wimbledon profits of £40M, and totally ignoring their other income.)

In 5 months, they should have spent over £2M of that.

So approximately £1,991,350 on coaches and facilities, and £8,650 which reaches people who hit tennis balls for a living.

new to it · Social player

A disgrace. Making tennis a sport for the rich. Who is running the show and what are they doing?

BeefyDeedz · Pro player

When you have so much money, it's hard to know what to throw it at. Couches, players, directors, they are all the same, essentially. Give the LTA a break.

-- Edited by BeefyDeedz on Sunday 24th of May 2015 02:15:02 PM

Coup Droit · Tennis legend

BeefyDeedz wrote:
When you have so much money, it's hard to know what to throw it at. Couches, players, directors, they are all the same, essentially. Give the LTA a break.

-- Edited by BeefyDeedz on Sunday 24th of May 2015 02:15:02 PM

I guess your tongue is sticking so far into your cheek it is coming right out the other side ????

BeefyDeedz · Pro player

Coup Droit wrote:
BeefyDeedz wrote:
When you have so much money, it's hard to know what to throw it at. Couches, players, directors, they are all the same, essentially. Give the LTA a break.

-- Edited by BeefyDeedz on Sunday 24th of May 2015 02:15:02 PM
I guess your tongue is sticking so far into your cheek it is coming right out the other side ????

Something like that biggrin

Sim · County player

Well perhaps the British women don't need top ups as they earn so much on tour.....

Prize money so far in 2015 for top British women:

Hev $216,000

JoKo $24,000

Naomi B $17,000

Katy D $3,500

EWS $11,000

Amanda $7,400

Naomi C $2,500

Harriet $3,900

Tara $5,000

JoKo will more than double her ytd earnings this week

The Optimist · ATP qualifying

You've over-estimated the pay-outs. The Bonus Scheme only applies to those who do not have other direct funding from the LTA, which both JoKo and Katie Swan do. Not sure about Katy Dunne and Tara Moore.

-- Edited by The Optimist on Sunday 24th of May 2015 07:12:27 PM

indiana · Tennis legend

I think people in authority really need to consider the direction they are going when they become the source of ridicule from good people as well as them just arguing with their approach.

Roger ( the Dodger ) Draper certainly got to that stage.

Strongbow · All-time great

Just want to keep this thread active as it puts so many others into perspective.

Perhaps an LTA typo got coaches and couches mixed up.

Sofa so good smile

wimdledont · Challenger level

Congratulations to Tara, for qualifying for another for another £500 payout at Eastbourne, taking her annual earnings 2015 to date from ITF prize money + LTA BS combined to approximately US$6,000 - £4,000 - or about 3 week's salary for the LTA Head of Region- Midlands...

jobs.lta.org.uk/templates/LTA/jobdetail_101.aspx

To be fair, Tara's 2015 earnings are likely to be tax free. The tax threshold is £10,600, and Tara might not earn that this year, at that rate. Whereas, the future Head of Region - Midlands will probably have to pay higher rates of tax.

Treat 'em mean, keep 'em keen...

(to retire and accept one of these preposterous sinecures, eh, Mr Downey?)

Coup Droit · Tennis legend

And of course, tax is withheld at source for all non-res players so amounts earned abroad by our players will have had 20-30% withheld (on average) which is fine IF there's a double tax treaty AND you have tax due to set it off against. But in most cases you won't so .....