The All England Lawn Tennis Ground plc, jointly and equally owned by The All England Lawn Tennis & Croquet Club Limited and Lawn Tennis Association Limited, issues Centre Court Wimbledon Debentures every five years to raise funds for capital expenditure. A similar program of debentures is also in place for No. 1 Court.
CENTRE COURT DEBENTURES
The Centre Court debentures cover periods of five years. Each Debenture Holder automatically receives one Centre Court ticket for every day of The Lawn Tennis Championships during the relevant period. Debenture Holders also receive a pass to the Centre Court Debenture Holders' Facilities Building and have the right to enter a ballot for a car parking space (available for an additional fee).
2011-2015 Series
2,500 debentures were issued for £27,750, made up of £2,000 nominal value (returnable on 1 August 2015), £22,000 premium and VAT of £3,750. Of the total £27,750, £6,600 was paid on application (8 May 2009); the second instalment of £10,575 was due on 31 May 2010 and the third instalment of £10,575 was due on 31 January 2011. This series is fully subscribed, but there is a market made in the debentures by market makers Evolution Securities Limited and no doubt your stockbroker or bank manager will be able to advise you in this respect.
NO.1 COURT DEBENTURES
2012-2016 Series
On 26 April 2011, the Company announced a fourth series of debentures for the No.1 Court. 1,000 debentures have been issued covering the 2012-2016 Championships at a cost per debenture of £13,700 comprising a nominal value of £500 (repayable on 1 August 2016); a premium of £11,000 and VAT of £2,200. Of the total £13,700, £3,800 was payable on application 10 June 2011 and £9,900 is due by 31 January 2012.
This series is also fully subscribed, but there is a market made in the debentures by market makers Evolution Securities Limited and no doubt your stockbroker or bank manager will be able to advise you in this respect.
Benefits afforded to debenture holders include an entitlement to one seat per debenture on the No.1 Court for the first ten days of The Championships during the five year period, the use of the debenture holders' bars and restaurants, located within the No.1 Court complex and the right to enter a ballot for a car parking space on payment of an additional fee.