Exclusive: Tennis-T7 gets down to the business of evolution - ATP chief
Gaudenzi
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[March 10, 2021]
By Sudipto Ganguly
MUMBAI (Reuters) - Tennis could be set
for a radical overhaul as the game's main stakeholders come together
in an unprecedented effort to chart a roadmap for streamlining the
governance of the sport, ATP chief Andrea Gaudenzi has told Reuters.
A "T7 working group", which involves the ATP, WTA, the four Grand
Slams and the International Tennis Federation, will start work later
this month examining areas such as a unified calendar, shared
commercial offerings, sponsorships and TV deals.
"I'm excited to go through that process because it's never been done
before. I don't know the outcome, but I look forward to exploring
all options," Gaudenzi said in an interview.
"We committed to start after the Australian Open to work together on our
project with the help of a consultant from March. Governance, calendar
rules, synergies in commercial media, data rights, sponsorship...
everything is on the table."
Tennis enjoys a massive worldwide following, but its governance is
fractured with the seven organisations running different parts of the
game.
UNIFIED GOVERNANCE
There are different ranking systems, different logos, different websites
and viewers need different pay-TV platforms to watch matches. Unified
governance could simplify television contracts and sponsorship deals.
The unprecedented challenge of the pandemic helped forge closer links
between the bodies -- they united to raise more than $6 million in May
to help lower-level players, for example -- and laid the foundations for
the T7 group.
Twelve months since the start of the Tour suspension in March 2020,
approximately $16 million in relief payments have been distributed among
650 players on the men's Tour.
"We have shown that we can be nimble, take decisions fast," Gaudenzi
added. "It's all about being able to navigate the ship in very dangerous
waters, like every company needs to do.
"I've worked both in a large organisation and in a startup. The
advantage of a startup is you move fast. When you move fast you can
react quickly to the change in the market, the dynamics of innovation
and trends which change very quickly these days.
"What you do today is probably no longer valid in two years. And if you
want to be up to speed in four years you need to start working today."
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General view over empty
courts ahead of the start of Wimbledon REUTERS/Hannah McKay
"BE NIMBLE"
Gaudenzi said the process could take six to nine months of bi-weekly
meetings to thrash out ideas that will enable tennis to better meet
the challenges of a changing marketplace.
"We are in the entertainment industry," the Italian said.
"We compete today with Netflix, which spends $20 billion a year in
content. Music, entertainment, gaming, everything is accessible fast
and quick.
"My kids crave gaming every day. I reduced it to three hours a week
but they would do 10 hours a week if they could."
Gaudenzi strongly believes that tennis overly relies on ticket sales
and needs structural change to move in the right direction.
"Media and data, enriching the experience in digital is the future
of distribution," said the former top-20 player.
"We are 7 billion people in the world, not everybody is privileged
to attend the events. COVID-19 has fast tracked the trend a little
bit."
Gaudenzi presented an ambitious plan to revolutionise the sport soon
after taking over as ATP chairman last year, but the pandemic
quickly forced all sporting bodies into crisis mode.
"I see it as a storm, a heavy storm," the 47-year-old said. "But
it's going to pass. It will leave some damage, but our fundamentals
are strong. So I'm sure we will have the opportunity to be back
stronger if we take some learnings.
"I would like to tell everybody, 'hey, let's not go back to the old
habits. We need to be nimble as we have been in the past 12 months
out of necessity'.
"I would like to have a different governance structure moving
forward and we've shown we can all work together. That's important."
(Reporting by Sudipto Ganguly; editing by Ossian Shine)
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