“Feds should start investigating WTA finances at this point, because this sounds like a front for money laundering”: Fans outraged by the expenses the WTA will incur in building the stadium for the Finals.
Tennis fans
reacted to the announcements regarding the WTA's investment in the construction
of the 2023 WTA Finals stadium in Cancun, Mexico.
Since this
year's edition of the WTA Finals is set to begin on October 29, construction of
a new stadium in Cancun is currently underway, with an estimated investment of
around $6 million.
Tournament
director Gustavo Santoscoy revealed that the stadium is designed to accommodate
4,000 spectators, with two alternate practice courts available within the hotel
for the players.
He also
disclosed that there would be a prize money pool of $9 million, with additional
funds allocated for the construction costs of the new stadium, resulting in a
total expenditure of approximately $15 million from the WTA's budget.
"It
will be a stadium that can be assembled like in the past finals, it will be in
the hotel zone on the land that the State government is providing us, at
kilometer 15, in front of the hotels, it will be a main stadium for four
thousand people and we have 2 alternate fields in the hotels where the players
will be practicing," he said.
"There
is a purse of nine million dollars, it is a considerable sum for a Finals
tournament and the stadium investment is another 50 percent of that amount. So
we are talking approximately 14 or 15 million dollars, which such an important
event requires," he added.
Tennis fans
took to social media to react to the WTA's announcements regarding its budget
and expenses for the Finals:
"It is
genuinely a staggering miracle the WTA still exists at all with such horrific
business sense and money wasted. How does the WTA board keep getting away with
this without ANY accountability? It’s an embarrassment," a fan
commented.
“$6 million
construction costs for one-time event. With 4k people capacity. Not even a multi year investment. If true,
Feds should start investigating wta finances at this point because this sounds
like a front for money laundering,”
“Does the
WTA have a Board their executive team has to answer to? Their business sense is
staggeringly bad.”
Cristhián Ávila is a tennis journalist based in Santiago, Chile, and has been part of the TennisUpToDate team since early 2023. He covers the ATP and WTA Tours as well as all four Grand Slams, producing breaking news, match reports, analysis, and regular liveblogs from major tournaments.
His reporting combines statistical analysis with clear explanation, helping readers understand tactical developments, player form, and broader storylines across the tour. Working fluently in both Spanish and English, Cristhián collaborates with an international editorial team and contributes to comprehensive global coverage. As part of his work, he has conducted interviews and media interactions with leading figures in the sport, including Caroline Wozniacki and John McEnroe.
In his journalism, Cristhián places strong emphasis on careful sourcing, editorial accuracy, and updating articles promptly when new, verified information becomes available. His coverage is grounded in research, context, and direct engagement with professional tennis.
It is genuinely a staggering miracle the WTA still exists at all with such horrific business sense and money wasted. How does the WTA board keep getting away with this without ANY accountability? It’s an embarrassment.
Melanie Lautrup
@melanie_lautrup
wait so they're spending 15 mil to build a temporary stadium for the Cancun finals, & the WTA will be paying it out of pocket according to those early reports?.....ok
Does the WTA have a Board their executive team has to answer to? Their business sense is staggeringly bad.
Melanie Lautrup
@melanie_lautrup
wait so they're spending 15 mil to build a temporary stadium for the Cancun finals, & the WTA will be paying it out of pocket according to those early reports?.....ok
wait so they're spending 15 mil to build a temporary stadium for the Cancun finals, & the WTA will be paying it out of pocket according to those early reports?.....ok
There must be something we're missing from the WTA Finals decision, because the choice of the WTA paying for a one-off edition in Mexico when there were allegedly better options on the table makes no sense
The other bids can't have been as good as claimed
Melanie Lautrup
@melanie_lautrup
Correction🚨: loads of articles & misquoting the figures. The 15 mil includes the 9 mil prize money so around 6 mil to build the stadium
So basically wta chose location for finals without venue, therefore they will have to spend millions to build TEMPORARY stadium. Also they're covering all expenses for this fancy outing in Cancun. This is the same wta that is in debt 🙃like someone make it make sense cuz wtf...
They are so stupid like I am still shocked they didn’t bankrupted yet 😐
Melanie Lautrup
@melanie_lautrup
wait so they're spending 15 mil to build a temporary stadium for the Cancun finals, & the WTA will be paying it out of pocket according to those early reports?.....ok
WTA should rename to IJBOLTA, cause every decision they make is absolutely hilarious, cause it makes zero sense.
Melanie Lautrup
@melanie_lautrup
wait so they're spending 15 mil to build a temporary stadium for the Cancun finals, & the WTA will be paying it out of pocket according to those early reports?.....ok