LTA chief executive Scott Lloyd said: “Last year was a challenging one for everyone but throughout the year we remained focused on reducing costs whilst continuing to support the tennis community. We made progress against our strategy of opening up tennis.
“This year we have the uncertainty created by a reduced capacity at the Championships and our own events, as well as the extra costs that Covid is imposing on our events.
“However, we will be continuing our efforts to make tennis a sport for everyone and transform the image of the sport in this country.”