All-England Club Lauded For Foresight With Wimbledon Insurance
The All-England Club reportedly will receive $141M from its pandemic insurance policy after canceling this year's Wimbledon, showing some "incredible foresight" by the club, according to Tennis Channel’s Steve Weissman. The club pays $2M annually for the pandemic policy. Tennis Channel's Jim Courier said that showed "wonderful foresight" by the All-England Club, the latest example that it has been a "visionary for quite a long time." Tennis Channel's Chanda Rubin said, "That was one of the best decisions they could have made." Tennis Channel's Nicolas Pereira said of the insurance money, "Hopefully that will funnel down to some of the players and some of the people that really need it." Pereira said because tennis competes around the world with players from many countries, it is "probably going to be one of the last sports to get a start after all of this is over. Certainly, all of the money, all the proceeds, all the help will be very welcomed" (“Tennis Channel Live,” Tennis Channel, 4/8). CBSSPORTS.com's Gabriel Fernandez noted refunds "for ticket holders and those with television rights will be covered" (CBSSPORTS.com, 4/8).