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Wimbledon win for Roger Federer could net Oxfam 100,000 pounds

Posted By: Staff

London, June 21 (ANI): Swiss tennis star Roger Federer is hoping for a record seventh Wimbledon title, which would net Oxfam over 100,000-pounds from a bet.

According to The Guardian, a bet placed seven years ago by a man who left his estate to Oxfam will raise more than 100,000-pounds for the charity if Roger Federer wins Wimbledon for a record-breaking seventh time.

In 2003 Nicholas Newlife from Kidlington in Oxfordshire staked 1,520-pounds with at odds of 66/1 for Federer to win seven Wimbledons before the year 2020. The Swiss player has won six Wimbledon singles titles, and a seventh will see the bet produce a payout of 101,840 pounds.

Newlife left his entire estate to Oxfam when he died in February 2009, aged 69, which included the outcomes of the series of outstanding bets he had placed with William Hill between 2000 and 2005.

Cathy Ferrier, fundraising and supporter marketing director at Oxfam, said: "We're enormously grateful to Mr. Newlife for his generous gift, and will be keeping a close eye on Wimbledon as a result."

Oxfam benefits from about 600 legacies a year, receiving around 10 to 11 million pounds. (ANI)

Story first published: Monday, June 21, 2010, 13:03 [IST]
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