Close Menu
Global News HQ
    What's Hot

    I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot

    July 28, 2025

    Client Challenge

    July 28, 2025

    How leaders can be transparent about their belief systems without alienating anyone

    July 28, 2025
    Recent Posts
    • I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot
    • Client Challenge
    • How leaders can be transparent about their belief systems without alienating anyone
    • Prince William and Princess Charlotte Share a Sweet Moment Cheering on England’s Lionesses to Euros Victory
    • Get AMD’s 7800X3D gaming CPU, plus a white Gigabyte B650E Aorus Elite motherboard for $449 at Newegg
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot
    • Client Challenge
    • How leaders can be transparent about their belief systems without alienating anyone
    • Prince William and Princess Charlotte Share a Sweet Moment Cheering on England’s Lionesses to Euros Victory
    • Get AMD’s 7800X3D gaming CPU, plus a white Gigabyte B650E Aorus Elite motherboard for $449 at Newegg
    • 5 Quick Decluttering Tasks Minimalists Do Every Morning to Maintain a Tidy Home
    • Year of the stablecoin: The GENIUS Act, Wall Street, and the dollar’s digital leap
    • Why Small Business Must Adopt AI
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Travel & Tourism (Luxury) - Wimbledon’s Most Coveted Seats Are Fetching a Tidy Profit
    Travel & Tourism (Luxury)

    Wimbledon’s Most Coveted Seats Are Fetching a Tidy Profit

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Wimbledon’s Most Coveted Seats Are Fetching a Tidy Profit
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Those investing in Wimbledon’s VIP seats have quite the advantage at the Grand Slam tournament.

    The owners of Wimbledon’s debentures, the nickname given to the guaranteed VIP seats at the Centre Court or No. 1 Court that a person can own for five years, are starting to sell their tickets—and are making quite a pretty penny on their perches. Seats for Wimbledon matches from 2026 to 2030 are generating a profit of about 75 percent, with debentures going for over $275,000 (£200,000) when the final payment installment is added in, Bloomberg reported. The tickets in that time period went on sale last year for about $158,000 (£116,000).

    The reason for the explosion is due to a rapidly increasing demand from folks across the pond from the famed tennis competition.

    “You get tennis fans coming to Wimbledon as the mecca of tennis from all over the world, particularly the U.S.,” Alex Cheatle, CEO of Ten Lifestyle Group Plc., which helps the UHNW get their own debentures, told Bloomberg.

    It’s easy to see why the tickets are such a hot commodity. In addition to securing access to the best seats at Wimbledon (they can be on par with the Royal Box where the monarchy and other famed guests are seated), those who hold debentures gain VIP entry to lounges and restaurants. Centre Court alone has a mere 2,520, compared to its about 15,000-person capacity; No. 1 Court, meanwhile, offers up 1,250 out of its 12,300 seats to the debenture merry-go-round. The debentures are also the only exchangeable tickets offered at Wimbledon, meaning holders can easily sell them off when they cannot attend. And now the sought-after tickets (which are regulated similar to a bond) come with yet another bonus: being a rather decent profit generator.

    Just ask one avid tennis fan. For their Centre Court debenture starting next year, they already splashed down the cash for their first two payments. They then pivoted to selling their guaranteed seat, which earned them a 121 percent profit, for a total of about $218,000 (£160,000), Dowgate Capital’s Tim Webb told Bloomberg. And the buyer still needed to pay the last installment toward the debenture, which would put them over the $270,000 (£200,000) spend mark.

    Of course, the idea of a debenture isn’t exactly a new concept. The VIP seats came to fruition over a century ago, when they were sold in 1920. At the time, the funds generated from the sales, about $136,000 (£100,000), went toward the creation of the Centre Court, according to Bloomberg. Over the decades, the debentures have covered costs of projects such as retractable roofs and new courts. Today, Wimbledon predicts it will generate nearly $100 million (£74 million) on debentures for No. 1 Court in its most recent sale. Those funds, in a way, are going right back to buyers, with part of the profits earmarked for special areas that the only the guaranteed seat owners can use.

    The booming debenture market fits into an exploding sports market in general, Bloomberg reported. As of late, ticket prices for athletic events in general have hit new highs. Admission into Super Bowl LVIII was the highest on record, with the average price per ticket sitting at $9,804. Even gear from sports stars can generate a frenzy: Roger Federer’s 2004 Wimbledon racket sold for over $100,000 at auction earlier this year—who knows, maybe it was snagged by a tennis lover who sold off their debenture.

    Authors

    • Nicole Hoey

      Nicole Hoey

      Digital Editor

      Nicole Hoey is Robb Report’s digital editor. While studying at Boston University, she read, wrote and read some more as an English and journalism major. A class taught by a Boston Globe copy editor…

      Read More





    Source link

    News Tennis wimbledon
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleThe best Apple deals you can shop ahead of Amazon Prime Day
    Next Article OpenAI signs $30bn data centre deal with Oracle

    Related Posts

    I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot

    July 28, 2025

    9 Best Travel Hair Dryers to Pack in Your Carry-On

    July 27, 2025

    Citi Rewards+ Card rebrands as Citi Strata Card – The Points Guy

    July 27, 2025

    I’m a Solo Traveler, and I’m Eyeing These 13 Amazon Deals on Personal Safety Devices—From $9

    July 27, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Travel & Tourism (Luxury)
    9 Mins Read

    I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot

    For Travel + Leisure’s column Traveling As, we’re talking to travelers about what it’s like…

    Client Challenge

    July 28, 2025

    How leaders can be transparent about their belief systems without alienating anyone

    July 28, 2025

    Prince William and Princess Charlotte Share a Sweet Moment Cheering on England’s Lionesses to Euros Victory

    July 28, 2025
    Top
    Travel & Tourism (Luxury)
    9 Mins Read

    I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot

    For Travel + Leisure’s column Traveling As, we’re talking to travelers about what it’s like…

    Client Challenge

    July 28, 2025

    How leaders can be transparent about their belief systems without alienating anyone

    July 28, 2025
    Our Picks
    Travel & Tourism (Luxury)
    9 Mins Read

    I Was Born Without Arms, but That Didn’t Stop Me From Becoming the World’s First Licensed Armless Pilot

    For Travel + Leisure’s column Traveling As, we’re talking to travelers about what it’s like…

    Finance & Investment
    1 Min Read

    Client Challenge

    Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version