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Wimbledon debenture tickets ’to get exemption from UK resale crackdown’
Organisers claimed proposed ban on reselling tickets for more than face value would dent investment in complex, says report
Wimbledon will be given an exemption from the clampdown on ticket resales for its “debenture” tickets, according to a report, in what would be a victory for the organisers of the annual tennis tournament.
The championship organisers, the All England Lawn Tennis Club (AELTC), had previously said that ministers’ proposed ban on reselling tickets for more than face value would prevent it from being able to reinvest debenture proceeds in maintenance of the complex, the Financial Times reported.
Source: www.theguardian.com
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