2024 LTA Finance and Governance Report highlights a strong year of achievements
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We have today published our Finance and Governance Report for 2024.
The report shows that the LTA had another strong year for tennis participation and performance success delivered alongside stable financial results.
The year saw the ITF rank Great Britain number one in the world for adult tennis participation per capita. Meanwhile eleven different British players featured in the top 100 in 2024, the largest number since 1978. More details of the year are covered below.
Outside of participation and performance the LTA has also maintained a stable financial position.
In 2024, once return on investments and tax had been taken into account the LTA Group recorded a loss for the year of £4.5m - this loss was entirely driven by the grants given by LTA Tennis Foundation to facilities and other charities. This included investment into the Parks Tennis Project of £5.8m in the year. LTA Operations was able to make a £2.4m donation to LTA Tennis Foundation to support this work.
Participation
Despite competition for individuals’ time and attention, coupled with adverse weather during much of 2024, in December 2024 the number of adults (16+) playing yearly stood at 5.6m, with 2.6m playing monthly.
Among children, there was year on year growth in both annual and monthly participation, with record highs of 3.8m children playing annually and 1.6m children playing at least once a month, up 11% year on year at December 2024. Weekly participation for children remained at over 600,000 with participation amongst girls growing by 9% during the year.
Performance
On court, 2024 saw a new generation of British champions coming through after the retirement of the great Sir Andy Murray.
In November, the British team led by Katie Boulter and Emma Raducanu reached the semi-finals of the Billie Jean King Cup in Malaga. Boulter also retained her WTA title at Nottingham for a second consecutive year, whilst at the same time Jack Draper was winning his maiden ATP title at the Boss Open in Stuttgart. This marked the first time in 53 years that a British woman and man have won tour level titles on the same day.
Wimbledon saw more British success with Alfie Hewett winning the wheelchair singles, to complete a career grand slam, and also the men’s wheelchair doubles with Gordon Reid, whilst Henry Patten won the Gentlemen’s Doubles title with his Finnish partner. Hewett continued his dominance with Reid in Grand Slam doubles with titles at the Australian Open and Roland Garros too.
There were three medals at the 2024 Paralympics in Paris. Hewett and Reid took home Paralympic Gold medals in the wheelchair doubles to add to their incredible career tallies and Hewett also won a silver medal in the men’s wheelchair singles. There were silver medals for Greg Slade and Andy Lapthorne in the quad doubles. Another highlight of the year was that Great Britain retained the Men’s Wheelchair World Team Cup.
In New York at the US Open Draper reached a career best semi-final and Mika Stojsavljevic won the Girls' singles finals. This was the first British girls win in the junior competition in 15 years and follows Henry Searle’s win at the Wimbledon boy’s event in 2023.
In September the LTA hosted the Davis Cup Finals Group stage at the AO Arena in Manchester, supported by Manchester City Council and Manchester Active. The event saw an all-time attendance record for the Davis Cup with over 37,000 attending overall.
2024 also saw five British Padel players win international tournaments, two players competing up on the Premier Padel Tour for the first time (the highest level of the sport), seven players inside the FIP top 200 and men’s and women’s teams competing at the European Championships.
LTA Tennis Foundation
LTA Tennis Foundation is the LTA’s official charity with a mission to improve lives through tennis, with a particular focus on the grassroots of the game and diverse and underserved communities. As a grant and loan giving charity, its ambition is that every child, young person and adult can have access to the unique and lifechanging benefits that tennis offers.
In 2024 it paid out £5.8m to the parks tennis project. The project is reaching a conclusion in 2025 and will impact over 3,000 park courts. Additional investment from LTA Tennis Foundation during the lifetime of the project along with UK Government and third-party investment from local authorities and others has taken the total amount invested in parks across Great Britian to £45m during the lifetime of the project.
LTA Tennis Foundation also awarded £3.5m across 31 projects under the Quick Access Loan (QAL) scheme in 2024 to develop facilities in Great Britain.
In addition, it awarded over £640,000 in grants to seven organisations alongside wider ongoing collaboration with charities and organisations and continued its support and funding of established LTA delivered programmes – LTA SERVES, LTA Youth Schools and LTA Open Court.
Scott Lloyd, LTA CEO said: “We can look back at our achievements in 2024 with a real sense of pride. We continue to strengthen our sport and open it up to new and more diverse communities working with our partners and the wider tennis community.
“Tennis Opened Up remains our driving vision and we know there is even more we can do. We look forward to building on this success further over the coming years.”
Equity, Diversity and Inclusion (EDI) Plan
The LTA has also today published its new Equity, Diversity and Inclusion (EDI) Plan for 2025-2029.
Over the past four years the LTA has made significant progress in delivering against the commitments in its first Inclusion Strategy.
Of the actions set out in the Strategy, 96% have been either completed and fully embedded into everyday ways of working, and nearly 55% of the diversity data points captured at the start of the Strategy, covering every level of tennis, have shown an improvement in the diversity of the tennis landscape since it was published.
The new EDI Plan builds on the progress made to date and sets out the areas the LTA is targeting and the work it is going to do to address the inequities which still exist within tennis. The plan reflects the LTA’s ongoing commitment to continuous improvement and innovation in making tennis a sport where everyone, regardless of background, can feel a sense of belonging and that tennis is a sport for them.
