The total prize money pot for the tennis Grand Slam has been increased by 10.8 per cent to £25 million ($42 million/€30.3 million).

First round singles losers will win £27,000 ($45,400/€38,800), an increase of 14.9 per cent on the 2013 tournament.

Players knocked out in the second round will win £43,000 ($72,300/€52,200), up 13.2 per cent on last year, while third round losers will take home £71,000 ($119,400/€86,200), a rise of 12.7 per cent.

Those who do not progress past the fourth round will see a prize money increase of 11.4 per cent on 2013, to £117,000 ($196,700/€142,100).

Quarter-finalists, semi-finalists, the runners-up and the tournament winners in the singles will all get 10 per cent more in prize money.

Semi-finalists will take home £440,000 ($739,900/€534,500) while the runner-up will win £880,000 ($1.4 million/€1 million).

The winner will receive a cheque for £1.76 million ($2.95 million/€2.13 million), compared to £1.6 million ($2.6 million/€1.9 million) last year.

Andy Murray will win an extra £160,000 if he successfully defends his title this year
©Getty Images



"At the heart of the increase is a wish by the Club to continue to build on the work of the last two years targeting the increases to the side of the draw which it was felt needed it most - those players who lose in the early rounds or in qualifying," said a tournament spokesman.

French Open organisers announced earlier this month an increase of €3 million (£2.5 million/$4 million) in prize money.

The winners of the men's and women's singles at Roland Garros will each win €1.6 million (£1.3 million/$2.2 million), up more than 10 per cent on 2013.

Wimbledon has also said that courts 14 and 15 will not be in play this year, having been excavated as part of the plan to allow the creation of extra space, which will provide accommodation for ball boys and ball girls, photographers and for an expanded 24-hour media restaurant from next year.

The 2014 Wimbledon Championships are due to be held from June 23 to July 6.

Britain's Andy Murray is the defending men's singles champion, with Frenchwoman Marion Bartoli not defending her singles crown having retired last year.

The 2015 Championships will be moved back a week to extend the grass court season and allow a bigger gap of three weeks between the French Open and Wimbledon.

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