Success at Wimbledon this year will be substantially more lucrative as prize money for the tournament has been boosted by 40 per cent, reports the BBC.

The likes of Andy Murray, Novak Djokovic, Rafael Nadal and Roger Federer will receive prize money of £1.6m, up from £1.15m, for winning the singles tournament – the women’s champion is paid equally.

Total prize money goes up £6.5m to £22.6m with one of the biggest increases being for those singles players losing in the first three rounds, where an extra 60 per cent will be handed out.

There was also a 41 per cent increase in qualification prize money for the All England Championships.

Such a huge increase is being labelled a victory for the players, who have been pressing for a greater proportion of revenue to be put into the prize pot.

Philip Brook, Chairman of the All England Club and the Wimbledon tournament, highlighted the desire to further reward the players in the announcement.

"I would like to thank all those whose contribution to Wimbledon's success both on and off court has today enabled us to announce these significant levels of investment in The Championships,” he said.

“For the players, it is a deep appreciation of the demanding nature of professional tennis and the top-quality entertainment they bring, while for The Championships it is about giving all our visitors the finest stage on which to enjoy Wimbledon."

Increases prize money was not the only bit of news to be announced, as plans for a new retractable roof on Court One were laid out.

Centre Court’s roof has been operational since 2009 and the its sister stadium is expected to have its own roof ready by the time the 2019 Championships come around.

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