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The Independent
8 minutes ago
- The Independent
ATP players handed record £13.5m profit-sharing bonus
Men's tennis players will pocket a record $18.3m (£13.5m) in profit-sharing bonuses from the 2024 season as the ATP stepped up its efforts to forge a more sustainable and financially aligned future for the sport. The bonus amount, a 177 per cent increase on the previous season's payout, will be distributed to players based on performance at the nine ATP 1000 tournaments, which rank just below the four Grand Slams in prestige. "This is exactly what profit sharing was designed to do: ensure that players and tournaments share equally in the sport's financial upside," ATP Chairman Andrea Gaudenzi said on Thursday. "The $18.3m is a huge milestone. For us, it's proof that strengthening the premium product and aligning interests creates value. "We're proud to be strengthening our partnership and building a stronger, more sustainable ATP Tour." The profit-sharing plan, introduced in 2022, splits profits generated at ATP Masters 1000 events - above onsite base prize money - equally between players and tournaments and is a cornerstone of the tour's OneVision strategic plan. Profit-sharing helped push ATP player compensation to a record $261m (£192.7m) for the 2024 season for a total of $378m (£279.2m) when combined with Grand Slam prize money. The men's elite body added that it was on track to deliver more compensation records, including $28.5m (£21m) in Challenger Tour prize money and a $3m (£2.2m) ATP 500 bonus pool. The expansion of most of the Masters events to 96-player draws had increased earning opportunities for players, widening the number of those able to make a sustainable living from the sport, the ATP added. It said there was a "wave of infrastructure investment" as Madrid, Rome, Cincinnati, Shanghai and Paris, among other venues, had upgraded facilities to enhance the experience for players and spectators.


BBC News
9 minutes ago
- BBC News
'It's how football works'
I am not angry about the way Alexander Isak has behaved, because I know how football works. I'm disappointed and surprised that this is happening now, but I have been in the game long enough to understand why we have got to this seems obvious that Liverpool have got into him, or his agent, to turn his head and make him want to go there. From a players' perspective, rather than a fan, I get the mentality where he has made his mind up about what is best for his future it is the club that matters most here and, whatever happens next, the crux of the matter is that Newcastle United are far bigger than any one individual - always has been, and always will move on all the time, and do what they have to do, but the club is always there. That's the one constant, every Newcastle have to look after themselves, which means that if they are contemplating letting Isak go for whatever price they want for him, then they also need to get two strikers they want in before they can do they are available, Brentford's Yoane Wissa and Aston Villa's Ollie Watkins are proven Premier League strikers and probably the best-case scenario from Newcastle's point of the same time, I appreciate fans of those clubs will not like their centre-forwards being linked with moves away, the same way Newcastle supporters feel right situation, in particular, sounds very similar to Isak's. It just shows you that this is something that happens in football all the time, and of course it is frustrating when you are on the wrong end of it.


BBC News
9 minutes ago
- BBC News
Newcastle agree £40m deal for Aston Villa's Ramsey
Newcastle are close to signing Aston Villa midfielder Jacob Ramsey in a deal worth about £ Sport reported on Wednesday that the clubs were in advanced talks over the proposed deal for the agreement in principle has now been reached, with just finer details left to signed off, Ramsey will complete the formalities, including a medical, of the move to St James' Park. Villa host Newcastle in their opening Premier League game at 12:30 BST on Saturday. Ramsey, a former England Under-21s international, has scored 17 goals in 167 appearances for Villa since earning his senior debut in 2019 and was a regular for Unai Emery's side last have also signed winger Anthony Elanga from Nottingham Forest and AC Milan defender Malick Thiaw on permanent deals this summer. England goalkeeper Aaron Ramsdale, meanwhile, joined the Magpies from Southampton on a season-long loan earlier this month.