“Totally Disproportionate”: French Open 2020 Reports Massive Drop in Revenue

Due to the Coronavirus pandemic, many tennis events were canceled including the Wimbledon. That is why it is amazing to see that the French Open is being played right now.

However, the organizers are not happy about the decisions that were taken to conduct it, and have been threatening legal action. They said, “Decisions are now in the hands of the prefects and we often consider them disproportionate. 

“Moreover, we are going to challenge the decisions taken by the prefects before the administrative tribunals as of next week…It’s totally disproportionate.”

Why are the French Open organizers taking such a drastic step

Taking legal action is a big step, and it has been taken due to the very strict social distancing protocols. Because of these guidelines, they could only allow 1000 spectators, and that has resulted in a major loss in ticket revenue.

The organizers gave some numbers as they said, “We can estimate a loss of around 50%, mainly ticketing revenues linked to the limitation of the gauge but also hospitality revenues, details the manager.

“We still secured the partnership revenues and TV rights which represent the majority of our revenue.”

Considering that the tournament made €260 million last year, they have now nearly lost €130 million. This is clearly a big number, and that is why the organizers are unhappy.

However, the US open would have also suffered the same fate as they did not allow any spectators. The Coronavirus pandemic is clearly affecting everybody and not just the Parisian Slam. Hopefully, both events can recover the lost revenue when they are played next year.

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