Troubled HK event seeks bailout
October 1, 2009, Thursday
|
Print Edition
Print Edition
HONG Kong's highest-profile women's tennis tournament has asked the region's government for a US$700,000 bailout after its main sponsor withdrew backing for the early season exhibition event.
Organizers are hoping the Hong Kong government would dole out HK$5.5 million (US$709,700) for the Women's Champions Challenge through a newly established Mega Events Fund. "It's unfortunate but like many other companies, the JB Group has also been caught up in the financial tsunami," tournament director Terry Catton. Although not part of the WTA Tour, high-ranking players such as Maria Sharapova, Serena Williams and Kim Clijsters have all participated in the Australian Open warm-up event. Catton added that the tournament would still go ahead "whatever happens".
Organizers are hoping the Hong Kong government would dole out HK$5.5 million (US$709,700) for the Women's Champions Challenge through a newly established Mega Events Fund. "It's unfortunate but like many other companies, the JB Group has also been caught up in the financial tsunami," tournament director Terry Catton. Although not part of the WTA Tour, high-ranking players such as Maria Sharapova, Serena Williams and Kim Clijsters have all participated in the Australian Open warm-up event. Catton added that the tournament would still go ahead "whatever happens".
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
