WATCH: Roger Federer Congratulates ON Founders After Recent Success
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Tennis – Wimbledon – All England Lawn Tennis and Croquet Club, London, Britain – July 5, 2021 Switzerland’s Roger Federer celebrates winning his fourth round match against Italy’s Lorenzo Sonego REUTERS/Paul Childs
Swiss tennis star Roger Federer has had a rough season. In the past 20 months, the former World No. 1 player hasn’t played much tennis. His injuries have forced him to undergo two knee surgeries in the previous season with another one lined up. However, these injuries have not stopped him from pocketing huge paychecks.
Late in 2019, Roger Federer invested in ON shoes. It is a Swiss company that specializes in making running shoes and the 20-time champion has invested in the company. Recently, the company went public on the New York Stock Exchange and the prices of the shares jumped by 47%.
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LONDON, ENGLAND – JULY 07: Roger Federer of Switzerland walks off court after losing his men’s Singles Quarter Final match against Hubert Hurkacz of Poland on Day Nine of The Championships – Wimbledon 2021 at All England Lawn Tennis and Croquet Club on July 07, 2021 in London, England. (Photo by Julian Finney/Getty Images)
Roger Federer backed ON Shoes is doing wonders
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The company has been valued at a whopping $11.35 billion. The company was founded in 2010 by Olivier Bernhard, David Allemann, and Caspar Coppetti. However, in 2019, Federer investing an undisclosed sum in the company.
Reflecting on Federer’s season so far, he began competing in Doha after being on the sidelines for well over a year. Sadly, he lost in the initial stages and was not seen until the clay season. He competed in Geneva but faltered in the opening round.
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HALLE, GERMANY – JUNE 16: Roger Federer of Switzerland leaves the Center Court after losing his match against Felix Auger-Aliassime of Canada during day 5 of the Noventi Open at OWL-Arena on June 16, 2021 in Halle, Germany. (Photo by Thomas F. Starke/Getty Images)
It seemed dicey as he was entering the French Open, his first Grand Slam event after the Australian Open 2020. He won the first three matches but withdrew himself before the fourth-round match as he lacked match practice.
After that, he competed in Halle but lost to Felix Auger Aliassime in the second round. It wasn’t the best preparation for him entering the Wimbledon Championships. Unfortunately, he lost in the quarterfinal to Hubert Hurkacz, though he did well to even reach that stage. Since then, he has not been seen and issued a statement of ending his season. We hope to see him back competing on the courts again.
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