![]() ![]() Simon also said the agreement announced Tuesday “doesn’t prohibit, in any way, from us continuing to have discussions with the ATP (men’s tennis tour) and potentially doing a bigger deal with the ATP involved.”ĬVC says on its website that it is a “global alternative investment manager” with more than 137 billion euros ($145 billion) in assets under management. He called the CVC investment “completely unattached from any of those issues.” That ban on competition in China remains in place Simon said there will be a decision about where to hold this season’s WTA Finals by the end of March. In late 2021, Simon announced that the WTA would be suspending all of its tournaments - including the season-ending WTA Finals - that were held in China because of concerns over the safety of former player Peng Shuai, costing the tour millions of dollars. ![]() “That will then drive the asset value of each of those properties through the growth of the audience.” “We can begin, hopefully, gaining more audience and more engaged fans,” Simon said.
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