Wimbledon-1

Wimbledon 2020 Cancelled but They Will Gain £100 million due to Infectious Disease Insurance

Wimbledon announced yesterday that they have had to cancel the 2020 All England Championships because of the coronavirus outbreak. This comes off the back of the French Open announcing that they were going to try to reschedule their Grand Slam from May to September, because it was expected to lose £230 million if they had to cancel.

Wimbledon took the strong position of cancellation, because they knew that they had insurance of £100 million if they had to cancel the Championships.

It turns out that the All England Club had the foresight to take out infectious disease insurance during the SARS outbreak, which has then help them in a good stead for the current coronavirus outbreak.

Still a huge shame though that there will be no Wimbledon 2020!

(I used to play tennis for a living, so it’s just unimaginable to not have Wimbledon this year!)