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Monday, 11 July 2016

Serena loses $380,000 to Brexit


Serena Williams will go home with less Wimbledon prize money this year as a result of Brexit, according to reports.

The world number one has lost out on an estimated $380,000 (£293,000) due to the value of the pound falling following the UK’s decision to leave the EU.
According to Bloomberg, the female winner’s prize is worth $2.59 million (£2 million) when converted to US dollars, down from $2.97 million pre-Brexit.

It means the 34-year-old will walk away with less than she did for winning last year’s tournament – despite a 6.4 per cent increase in prize pay-out this year.

The tennis star also lost out on an estimated further $67,000 (£50,000) prize money after winning the women’s double crown with her sister Venus.

No d o u b t celebrating a seventh Wimbledon crown and equalling Steffi Graf’s record of 22 grand slam titles in the Open era will have softened the blow.

Wi l l iams said she was ‘relieved’ after edging a thrilling final 7-5 6-3 against German Angelique Kerber.

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