PARIS: The French Tennis Federation (FFT) will shortly launch a relief fund totaling €35 million ($38m) next week, with €1 million for French players ranked between No. 101 and 500 in the rankings.
As announced by the federation, €21m will go to French tennis clubs, while a further €9m will be given to players, officials and events affected by the coronavirus pandemic. Teaching professionals will get €5m.
“The plan is financed by the FFT’s global budget,” said the FTF, adding that €4m was from tennis leagues and some from government-provided loans.
The announcement comes as the French Open does not begin this week as scheduled, though officials are still aiming to play it following the US Open. The tournament earns €260 million annually, including €70 million profit, for the federation.