Update on Proposed Ticket-resale Legislation

The UK Government has confirmed plans to introduce legislation to limit the resale of standard event tickets above face value. These changes are designed to tackle large-scale touting across the wider live events industry.

Based on our initial research, we understand that Wimbledon debenture holders are expected to be exempt from these new rules. The Government’s consultation response recognises that debentures are a long-term investment and entitle holders to a distinct category of ticket. The consultation proposes a specific exemption for such schemes.

For more detail, please see the Government response to the consultation on the resale of live events tickets

We are monitoring the legislative process closely. At this stage, the position outlined in the Government’s consultation is clear: Wimbledon debentures remain a unique and exempt category within the resale framework.

Media coverage of the ticket resale legislation:

• The Times
• The Guardian
• Financial Times

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