Save for a rainy day and invest for the future. That is the lesson all parents teach their kids, or at least should. Well if Wimbledon was somebody's child, the parents would be proud because it is reaping the benefits of keeping things ready well ahead. Hope for the best and prepare for the worst is the name of the game.?
The 2020 edition recently got cancelled due to the coronavirus pandemic. Sports overall has come to a halt. But it is interesting to know that despite the tournament will survive despite an estimated loss of 250 million pounds.?
The answer to that is an infectious disease clause in its insurance. As a result, Wimbledon is set to receive around 114 million pounds which is equivalent to $141 million and that is a lot of money. According to the Action Network and The Times, that is the sum Wimbledon is going to get.?
But this is because Wimbledon prepared ahead. Not that it ever imagined having to be cancelled for such a reason, but it's better to be safe than sorry. In 2002 the SARS outbreak had caused panic all over the world. It was then that Wimbledon added this clause in its insurance for which it has been paying for nearly 20 years. Now, in the time of crisis, it has come to the tournament's rescue.?
Looks like planning ahead works. Others could take a leaf out of Wimbledon's book. Always cover all your bases so that you are set when the tough times are on you. Needless to say, it was noticed quickly on social media. Here's what people had to say about it:?
?The coronavirus pandemic is holding the world hostage right now. All sports events are on hold as the disease has claimed nearly 90,000 lives and affected almost 1500,000 people.? ? ?