International Tennis Federation
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IOC / IF28 Jan 2026, 01:21 from SportsInOrganization mentioned: ITF
The Professional Tennis Players Association (PTPA) is seeking up to $1 billion to establish a holding company aimed at reshaping the governance and commercialization of professional tennis. The initiative involves centralizing commercial, audiovisual, and sponsorship rights, granting players greater influence over resource management. The PTPA is currently seeking a banking advisor to structure this ambitious venture, following Novak Djokovic's departure and ongoing legal action against several governing bodies, including the International Tennis Federation (ITF).