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  • What credit drought?
    WIMBLEDON FANS BUY $3,000 SEATS AS TENNIS DEFIES MARKETS GLOOM
     
    By Thomas Penny and Danielle Rossingh
    Bloomberg
     

    LONDON—Across the street from the tennis courts, where she won nine Wimbledon titles, champion-turned-artist Martina Navratilova explains to lunch guests how she dips balls into paint and whacks them against canvas.

    As Navratilova talks to diners enjoying corporate hospitality at the Sportsworld Fairway Village, former men’s winners Boris Becker and Pat Cash hold court with champagne-drinking guests in private suites nearby.

    While the financial-services industry cuts spending in response to the credit drought, one London event is immune. Wimbledon’s 25,000 seats for corporate hospitality are sold out.

    Tickets for a quarterfinal Wednesday were sold for £1,525 ($3,000) online, more than 20 times what fans paid at the gate. Firms are paying up to £300,000 to entertain groups during the tournament, 4 percent more than last year.

    “Companies are looking at their finances right now, but it’s very important to look after your clients and show them how appreciative you are,” said Mike Pullen, head of the European antitrust and trade team at London-based law firm DLA Piper.

    Pullen, who took clients to Wimbledon last week, said the economic downturn has made hospitality more important.

    Wimbledon, which drew 444,810 people last year, is Europe’s top sports-catering event, according to the All England Lawn Tennis and Croquet Club, the championships’ home.

    Fans and corporate guests this year will consume 28,000 kg (62,000 lb) of strawberries—the staple food, with cream, at Wimbledon—and 17,000 bottles of champagne, organizers say.

    Prince’s girlfriend

    Ten strawberries sell for £2.25, 12.5 percent more than in 2007, while a magnum of Lanson champagne, containing 12 glasses, costs £95.

    Fans and sponsors spent £90 million at Wimbledon last year, according to research by Prof. Tom Cannon at the University of Buckingham.

    “It’s a very special occasion, it’s the global tennis event of the year,” said Graham Bethell, the managing director of gelatin producer Gelita UK Ltd., who has been taking customers to the championships for 15 years.

    Wimbledon is one of the three blue-ribbon events of the British summer, along with the Formula One Grand Prix auto race and Royal Ascot horseracing. Celebrities and royalty also turn out at the southwest London venue. Prince William’s girlfriend Kate Middleton and singers Sting and Grace Jones have been among the spectators this year.

    Debenture seats—or seat purchases which cover five-year periods—for yesterday’s quarterfinal between Andy Murray and Rafael Nadal of Spain were being resold for £1,525 each on The Online Ticket Shop. The price was more than 20 times the £7 paid by fans who camped overnight for the 500 tickets available on the gate.

    Sold out

    “Demand tends to outstrip supply,” Wimbledon marketing director Robert McCowen said. “This year we sold out in February, which is about the same as in previous years.”

    Sportsworld, one of two official corporate-hospitality providers at the championship, charges from as little as £460 a person for a one-day hospitality package, including tickets for one of the two main courts, with £2,980 securing a seat for the men’s final.

    The Abingdon, England-based company will have hosted 5,000 people by the time the tournament finishes on July 6.

    Wimbledon has reduced the capacity for corporate hospitality within the grounds from 46 marquees in the early 1990s to 36 marquees and suites this year.

    The club did so to increase exclusivity and make more tickets available for fans. Less than 8 percent of seats on the best two courts are available for corporate use.

    Rolls-Royce, Jaguar

    Entertaining groups of as many as 40 people for two weeks during the tournament will cost between £250,000 and £300,000 per sponsor, according to the club. In return, they get seats on the best courts, gourmet food and drink and the opportunity to promote their business to clients.

    On the golf course across the street, which acts as a parking lot during the championships, Rolls-Royces and Jaguars with personalized plates stand parked between putting greens.

    HSBC Holdings Plc., which is using Wimbledon as the centerpiece for global advertising and marketing campaigns, said its managers requested more tickets for clients than it could supply.

    “In the good times it’s easy to forget, but when finance directors are looking very hard to make savings, you need to show it’s benefiting the business,” said Giles Morgan, head of sponsorship at London-based HSBC, Europe’s largest bank.

    Back at the Sportsworld tent, Navratilova, who is playing in the Wimbledon veterans’ tournament, looks at the à la carte meals being served up to her audience. “The food here is a lot better than we get in the players’ lounge,” she says.

    No contest whatsoever

    LEST anyone forget that Roger Federer has, indeed, lost at Wimbledon, the BBC filled time during a rain delay Wednesday by rolling tape of his 2002 first-round exit against Mario Ancic.

    That, of course, was the last time Federer stepped on a court at the All-England Club—or anywhere on grass, for that matter—and walked away without winning.

    Once Wednesday’s weather cleared up, Federer faced off against Ancic on Centre Court once more, only this time they were playing in the 2008 quarterfinals, and it was no contest whatsoever.

    The top-ranked Federer dismissed Ancic, 6-1, 7-5, 6-4, to extend all manner of streaks: 39 consecutive wins at Wimbledon, 64 consecutive wins on grass and 17 consecutive semifinal appearances at Grand Slam tournaments.

    There were other numbers at which to marvel, not the least of which was this: Federer won 61 of 71 points on his serve.

    Asked afterward if he could pick one match over his career that stands out from the rest in terms of quality, Federer replied, “Thankfully, I get those moments quite often, actually.”

    So there.

    If anyone wondered whether the thumping he took from Rafael Nadal in last month’s French Open final might have a lasting effect on Federer, it sure doesn’t sound as though there’s anything wrong with his confidence—particularly here.

    “I’ll have a chance to win this tournament for the next five or 10 years,” said Federer, whose semifinal opponent Friday is the resurgent Marat Safin, a former No. 1 player, who owns two Grand Slam titles.

    “My game’s made for grass,” Federer continued. “There will always be tough opponents, dangerous opponents. That has been the case for the last years, as well. But I found a way to win always. Of course, my dream is to not only win this year, but many more years to come.”

    He is trying to become the first man since 1886 to win Wimbledon six years in a row. Pete Sampras never did it. Neither did Bjorn Borg. The only man who did? Willie Renshaw, and he only needed to win one match in each of his five title defenses, because back then the reigning champion got a bye into the final.

    Federer is forced to navigate a tougher path, and the expectation this year has been that he will face his nemesis Nadal in a third-straight Wimbledon championship match. The second-ranked Nadal moved closer to that by overwhelming 12th-seeded Andy Murray of Britain, 6-3, 6-2, 6-4, for his 22nd-consecutive victory overall.

    Just like Federer did against Ancic, Nadal avoided facing a single break point against Murray, who was in his first major quarterfinal.

    “I feel like the return is normally a strong part of my game. I had no chance at all really on his serve, which was a shame,” Murray said. “He’s improved his game a lot on the grass in the last couple of years. Definitely, he’s the second-best grass-court player behind Federer. He’s definitely closer to him this year than he was.”

    Nadal agreed with that assessment.

    He’s trying to make a little history of his own: No man has won the French Open and Wimbledon in the same year since Borg in 1980. 

    “I am doing a lot of things better than last year,” Nadal said. “Slice better. The position on court, in my opinion, I felt like this is better. Playing more aggressive with the forehand all the time, and the backhand is feeling well, too.”

    The four-time French Open champion knows he’ll be facing an unseeded player next, but he doesn’t know which one. The quarterfinal between 94th-ranked Rainer Schuettler and 145th-ranked Arnaud Clement was suspended because of darkness at one set apiece.

    They’re slated to resume play Thursday, when the forecast calls for showers, and whatever the outcome, Nadal would be an overwhelming favorite.

    Safin acknowledges Federer should be looked upon that way in their matchup.

    “I’m playing semifinals, but that doesn’t mean that I have a chance there, because the guy has won how many times already here?” Safin said after beating No. 31 Feliciano Lopez 3-6, 7-5, 7-6 (1), 6-3.

    “To beat Federer you need to be Nadal and run around like a rabbit and hit winners from all over the place. ... It’s just a little bit too difficult for me to beat him.”

    Especially if Federer plays the way he did Wednesday.

    He served brilliantly, including 15 aces — one on each of the final three points. He returned just as well, handling Ancic’s 130 mph serves and limiting him to nine aces, half of what the Croat was averaging in the tournament.

    Federer broke Ancic four times, and even when he didn’t, made him work. The third set’s opening game, for example, took 16 minutes, with 10 deuces and four break points, before Ancic finally held. It lasted 26 points, and Federer won 12 — or, put another way, two more than Ancic took off Federer’s serve all match.

    “There’s not one point you get for free,” said Ancic, a Wimbledon semifinalist in 2005.

    The All England Club was the only Grand Slam site where Safin hadn’t reached the final four. He came to Wimbledon with a 10-13 record this season, a ranking of 75th and a well-documented distaste for the place, from the grass to the weather to the high price of strawberries and cream.

    But he’s played fantastically, beating No. 3 Novak Djokovic and three other seeded players. Federer knows how talented the 6-foot-4 Russian is.

    “I never looked at Marat like No. 80 or 90 in the world. I mean, that’s ridiculous. He knows that himself,” Federer said. “He’s finally showing again what he can do. It’s just quite surprising he does it here at Wimbledon.”

    One of Federer’s two losses in 10 matches against Safin came in the 2005 Australian Open semifinals, 9-7 in the fifth set.

    “Marat knows how to beat me,” Federer noted. “That was a hard one. I’m going to try to get him back for that one.”

    As Ancic knows all too well, Federer can follow through on such thoughts. (WIth AP)

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