Djokovic co-founded player group seeks $1bn backing for new tennis tour Sport Business The lobby group co-founded by Novak Djokovic, the Professional Tennis Players Association, is seeking up to $1bn in investment to back its proposed shake-up of the professional circuit. According to multiple reports, the PTPA has contacted more than 20 banks and financial advisory firms to drum up support for its vision, which includes a new [...]
Tennis: Djokovic, Kyrgios and others sue ATP and WTA Tours Sport Business Novak Djokovic, Nick Kyrgios and other tennis stars are suing the ATP and WTA Tours, as well as the International Tennis Federation, in multiple jurisdictions. The striking move comes as part of a wider claim from the Professional Tennis Players Association, the organisation set up by 24-time Grand Slam winner Djokovic in conjunction with former [...]