Pakistan, June 14 -- Wimbledon has increased its prize money for this year's championships to $72.59 million (£53.5 million), a 7 percent increase on 2024 and double what they offered a decade ago, the All England Lawn Tennis Club (AELTC) said on Thursday.

The singles champions will receive £3million ($4.07 million) each, the highest across all Grand Slams and a 11.1 percent increase on the prize money Carlos Alcaraz and Barbora Krejcikova took home last year.

Singles players who exit the first round will receive 66,000 pounds, a 10 percent increase on last year. Doubles prize money has also increased by 4.4 percent, mixed doubles by 4.3 percent and the wheelchair and quad wheelchair events by 5.6 percent.

The increase also c...