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Tennis Australia exhausts ‘rainy day’ fund to make the 2021 Australian Open COVID-safe – ABC News

Tennis Australia will exhaust its “rainy day” fund to the tune of $60 million to make this summer’s Australian open a COVID-safe event.

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Tennis Australia is preparing to spend at least double its original budget to stage this summer’s Australian Open in Melbourne, with strict biosecurity protocols greatly adding to the cost of the event.
Key points:

  • A COVID-safe 2021 Australian Open will go ahead in February
  • Tennis Australia has doubled the event’s budget to more than $60 million
  • The organisation has exhausted its “rainy day” fund to make it COVID-safe

TA originally expected the tournament to cost between $25-$30 million, but chief…

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