It is in the very serious economic daily Les Echos qThe announcement has been made official. The management of Roland-Garros ensures that they have generated a gross margin of 24 million euros, even if revenues have fallen by 43% compared to 2019.
It should be remembered that attendance has dropped significantly following health restrictions. The tournament hosted 150,000 people and 519,000 in normal times. If everything was done to organize the tournament in October it is also to avoid a deadweight loss of 40 million.
To succeed in being “profitable”, the tournament management was therefore able to rely on solid TV rights but also on savings such as those made in terms of prize money.
Posted on Saturday, October 24, 2020 at 10:43