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Tennis Australia hit by A$100m net loss

Daniil Medvedev and Novak Djokovic compete during their men’s singles final match at the 2021 Australian Open (by Cameron Spencer/Getty Images)

The cost of staging the delayed 2021 Australian Open has seen Tennis Australia post a loss of A$100.02m (€62.3m/$70.4m) over a 15-month period in its latest set of financial results.