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PTPA develops new Future Tennis blueprint for the sport
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Funding sought from investment banks for Pinnacle Tour
The players’ lobby group embroiled in a lawsuit with tennis authorities is seeking $1bn in investment to fund a radical restructure of the professional game based around a new Pinnacle Tour that would offer more prize money for the top men and women despite playing fewer tournaments.
In a direct challenge to the ATP and WTA tours, the Professional Tennis Players Association has developed a new blueprint for the sport, Future Tennis, that was sent to more than 20 investment banks and financial advisory firms on Tuesday.
