Multi-million pound support package for tennis and padel in Britain to combat impact of coronavirus

In early March 2020, the LTA announced a multi-million-pound package of additional funding and measures to support those involved in tennis and padel in Britain through the impact of the ongoing coronavirus (COVID-19) crisis.

The comprehensive package, developed by the LTA, will make additional support available to registered venues, coaches, officials and players to the value of up to approximately £20m, with the goal of ensuring that both tennis and padel in Britain emerges from this period in as strong and healthy a position as possible, and that the sport is able to resume its activity as soon as conditions allow.

The funding and support will aid those who have been most severely affected by the pandemic, many of whom have seen their income streams reduced while still needing to pay bills and support families. The focus is on protecting the grassroots of the sport.

The support being provided by the LTA for those impacted by the coronavirus includes:

Venues

  • A repayment holiday on loans of six months for all existing LTA facility loans, equating to a value of almost £1m
  • A 2019/20 registration fee refund for LTA Registered Venues equating to over £1m
  •  A Hardship Fund of up to £13.5m, providing interest free loans of up to £5,000
  • Dedicated helpline providing legal expertise to assist with identifying and claiming Government support
  • Continued operation of the LTA’s Quick Access loans scheme for venues which provides interest free loans of up to £250k for investments such as covered courts, padel courts and floodlighting

Coaches

  • Financial support grants for full time LTA Accredited Coaches and Tutors, covering both the self-employed and those set up as sole directors of limited companies, equating to a value of approximately £4m
  • A targeted Hardship Fund of up to £1m, providing interest free loans for coaches of up to £5,000
  • Dedicated helpline providing legal expertise to assist with identifying and claiming Government support
  • Free access to online Continuing Professional Development courses
  • Temporary extension for LTA Accredited Coaches where their accreditation has recently expired or is due to expire in the coming months
  • Grant and loan funding to be made available to the LTA’s Coach Qualification providers

Support Line

Further support is also being provided in other areas, as well as free advice regarding Government support packages and their eligibility. We encourage those affected to get in touch via the LTA support line.

We have also extended the legal and tax advice line with Brabners to help venues, coaches, officials and counties with some of the complicated issues around the impact of Covid-19.

In particular, this means that free advice on eligibility for Government support, and guidance on how to apply is now available.

https://www.lta.org.uk/about-us/covid-19-support-packages/