Budget cuts put men’s and women’s tennis tour merger on indefinite hold
Negotiations break down over proposed revenue shareWomen’s game faces significant cuts to operationsThe creation of a joint commercial venture between the ATP and WTA Tours has been put on hold indefinitely as the women’s game faces the prospect of making significant cuts to its operational budget.Negotiations over a merger, which would have seen the two tours pool their commercial and media rights, are understood to have broken down over the terms of the proposed revenue share, with the WTA effectively…
Source: www.theguardian.com