Wimbledon winner Jannik Sinner loses half of his prize money after beating Alexander Zverev
Jannik Sinner is the new men's Wimbledon champion, but he won't be taking all of his massive winner's purse home with him.
It's been another year of incredible tennis - to go alongside the traditional friction with strict rules and more celebrity sightings than Taylor Swift's wedding - at Wimbledon.
It was a clash of the titans at centre-court as the world's No.1 ranked player took on the second in the final on Sunday, 12 July, afternoon, with Sinner defeating Alexander Zverev, claiming the famous pineapple-topped trophy.
Things started off well for Zverev, who claimed the first set, but it was short-lived, and Sinner quickly stamped his authority firmly back on men’s tennis by battling to a 6-7 (7) 7-6 (2) 6-3 6-4 victory and a fifth major crown.
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This is the second time Sinner has won the Gentleman’s Singles trophy and retained the prize after his first triumph last year.
Speaking after the match, Sinner acknowledged that it hadn't been an easy victory, telling Zverev: “You reached one of your main goals, winning a grand slam.
“If you play like this, I’m very sure you’re going to have this one at home. I know another goal is to become number one in the world. You’re very, very close. I have to be very careful now.
“It has been an amazing final once again. It always takes two players. I’m very happy about the win but I’m also very happy about the level we both played. There’s no better place to play tennis.”
To the victor definitely goes the spoils, and Sinner has pocketed a hefty prize of £3.6million for his victory. As did underdog Linda Noskova, who won the Ladies' Singles Championship on Saturday, July 11, by defeating fellow Czech Karolina Muchova 6-2 5-7 6-3.
However, the pair won't be taking all of that home with them.
Tax man to take share of Wimbledon winnings
Sinner might have been the one popping the champagne in SW19, but HM Revenue & Customs will be toasting their own tidy windfall, too.
That's because Sinner and Noskova's winnings will be taxed in the United Kingdom at 'an effective tax rate of 36.52 per cent', according to tax expert Sean Packard, via Forbes.
Sinner will be counting his lucky stars that his winnings don't face further deduction, however, thanks to his primary residence being the principality of Monaco.
Sinner has now claimed five Grand Slam wins with the victory, with his other successes coming twice in the Australian Open and once in the US Open. Only the French Open continues to elude him after his second round exit this year and final defeat to Carlos Alcaraz in 2024.
Sinner won the Australian Open and US Open consecutively in 2024 before serving a three-month ban per an agreement with the World Anti-Doping Agency (WADA) after testing positive for a banned anabolic steroid.
Arthur Fery will lose a lot of his winnings, too
Sinner and Noskova might have emerged victorious from Wimbledon, but Arthur Fery was the breakout star and story of the tournament.
Entering as a wild card, the 23-year-old shocked the world by becoming just the fifth British man ever to reach the semi-finals and the first British wildcard ever to make it to the quarter-finals, let alone the final four.
Fery comes from an extremely wealthy family of millionaires, but even he won't turn his nose up at the gigantic £900,000 in prize money he won for making it so far.
Yet, the tax man will be coming for him, too, and as a British resident, with even more fury than with Sinner and Noskova.
Financial support platform Vettory estimates Fery could face an effective tax rate of about 46.3 per cent.
That would see him pay a gigantic £391,203 in tax, leaving him with just over half of his winnings.
A Vettory spokesperson said: "Prize money figures often grab the headlines, but the amount athletes actually receive can be dramatically different once tax is taken into account. For UK players, reaching the latter stages of Wimbledon is life-changing financially, but nearly half of those earnings can disappear through income tax and National Insurance contributions.”
The total prize pot given to players during Wimbledon this year totalling £64.2million.
Daniel Murphy