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The Tennis Business Discussion Forum Archive

[tennisbiz] Syndicate Sponsorship of young players

From: Adrian Coles <>
Date: Tue 30 Jul 2002 18:12:00 +0000

Dear Tennis People,
I have a 16 yr old daughter who shows promise, yet I do not have the
necessary resources to have her travel with a personal coach to the junior
ITF events . Without the necessary ITF points she will find it hard to play
in the $10,000 tournaments to start on her upward journey to the pro ranks.

Does anyone have the knowlege of how 'sponsorship' syndicates are put

I know that Tommy Haas's father formed Tommy Haas Inc. and got 20 investors
to provide $50,000 each for Tommy's years at Bollitieri's. Marat Safin was
sponsored by a Bank and went to Spain.

Does anyone know the forumla that appeals to investors?

By providing expense money for a few years what do they expect in return? Is
it a percentage of prize money over the life of the athlete? Is is 25% of
earnings for the first 5 years?

Any advice would be greatly appreciated. Surely all those playing the junior
world circuit are not from independently wealthy parents?

Thanks for your input.

Adrian Coles
Received on Tue Jul 30 2002 - 15:05:49 CDT

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