Please try another search
(Reuters) - Roger Federer and Serena Williams have pulled out of the International Premier Tennis League ahead of the tournament's Indian leg next week due to economic "uncertainty", organizers said on Tuesday.
India has been gripped by a cash crunch after the government withdrew high denomination from circulation last month.
"We have had challenges this year, and we were hoping to get past them," Mahesh Bhupathi, the Asia-based mixed team tennis league's founder and director, said in a statement.
"With the current economic climate in India and the uncertainty of spending money, I reached out to both Roger and Serena to explain the situation.
"They have been both been very supportive of the IPTL the first two seasons and we look forward to bring them in future years."
Federer was scheduled to make his comeback at the event in Hyderabad from Dec. 9-11. The 35-year-old has not played since July due to knee problems.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.