Tennis prediction Tennis Australia will need five years to recover from the pandemic

Tennis Australia (TA) expects to deplete most of its reserves of A $ 80 million (about $ 59 million) to maintain funding for the sport, as there are significant costs of hosting the Australian Open duringthe coronavirus pandemic.
TA chief Craig Tilly said the plant is likely to spend more than A $ 40 million on quarantine and biosecurity operations for the first Grand Slam tournament of the year, which will be postponed by three weeks and will take place from February 8 to 21.
`We also expect to use most of our reserves to maintain funding for the tournament, ` Tilly told an Australian newspaper. `As a result of these costs, we are exploring credit line and / or loan options that will allow us to maintain cash flow at critical times and support us in recovering from the effects of the pandemic once access to government subsidies is over. We believe thatrecovery from the pandemic will take up to five years, `he added.
The biosecurity agreements will includ e additional accommodation costs for players and their teams during the mandatory 14-day quarantine in Australia for arrivals from abroad. Safety protocols are also expected to limit the size of spectators in Melbourne Park to just 25% of capacity. About 800, 000 people attended the tournament prediction by germany world cup victory in January this year.







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