“Of course we are fortunate to have insurance – it helps – but it doesn’t serve all the problems,” AELTC chief executive Richard Lewis said last week.
“There are a lot of details to work through. The insurance will help protect the surplus to an extent, I would say to a large extent.”
The tournament was expected to earn about £250m in revenue this year.
Wimbledon has reportedly paid $2 million a year for pandemic insurance for the last 17 years, a total of $34m.
The AELTC scrapped the grass court Grand Slam for the first time since World War II on April 1 as the coronavirus wreaked further havoc on the global sporting calendar.
Wimbledon was due to run for two weeks from June 29, with Novak Djokovic and Simona Halep set to defend their singles titles.
American outsider Ann Li produced the upset of her life on Wednesday, taking 10 match points…
Alexander Zverev will claim world year-end No. 1 honours for the first time on the…
John McEnroe has used a trip to Spain to come down hard on modern player…
Carlos Alcaraz will headline the field as the Australian Open stages its 1-Point Slam for…
Novak Djokovic is wisely choosing not to tempt fate, with the China Open winner withdrawing…
Novak Djokovic retained his magic touch at the China Open, winning his seventh title without…