The LTA’s earnings has fallen by about 40%, or £30m, in 2020 on account of Covid-19.
British tennis’ governing physique says it’s planning for a “difficult monetary outlook” and expects a extreme affect on its funds if Wimbledon is held behind closed doorways subsequent yr.
Within the quick time period, a lot will rely on the scale of the annual cost the All England Membership (AELTC) makes to the LTA.
Wimbledon was cancelled this yr in order that might be decided by the sum the AELTC’s pandemic insurance coverage pays out.
BBC Sport understands these negotiations are actually near a conclusion.
The LTA’s earnings for 2020 has been affected by the lack of ticket, hospitality and sponsorship income from its personal cancelled grass-court occasions.
The shortfall was decreased by cancelling occasions early, accessing the federal government’s furlough scheme (which is at present contributing to the salaries of 15% of employees), and making £10m of financial savings elsewhere.
The governing physique has additionally dedicated tens of millions of kilos in the direction of grants and loans for gamers, coaches, officers and venues, and says it’s taking out a £15m overdraft facility, secured towards its reserves, to handle cashflow.
The All England Membership is making ready three eventualities for Wimbledon 2021 – one in every of which is to stage the Championships behind closed doorways. Pandemic insurance coverage is now not accessible.
“Given the numerous vary in monetary implications inside these eventualities, with the behind-closed-doors state of affairs as essentially the most extreme, it’s our accountability to plan very rigorously and proceed to take a prudent method,” LTA chief govt Scott Lloyd stated.
“We even have to keep in mind that no matter kind the occasions go forward in, it’s seemingly the financial outlook will stay troublesome and the marketplace for sponsorship and hospitality will stay depressed for a variety of years.”