Murray seeks to earn it like Beckham with new '77' management company

Wimbledon Champion Andy Murray has formed his own management company in partnership with Simon Fuller and the new unit will manage the affairs of both him and his brother, in a bid to earn big money as soccer star David Beckham did in his career.

According to The Independent, the new company, is called '77' in recognition of Murray's achievement in ending Britain's 77-year wait for a men's singles champion at Wimbledon on 7 July this year.

Fuller, who originally found fame managing the Spice Girls, recruited Murray to his XIX Entertainment stable five years ago alongside Beckham and the Formula One driver, Lewis Hamilton, the report said.

The move towards setting up the new company is similar to the way in which Fuller's partnership with Beckham has moved from a management set-up into a business relationship, the report added.

Murray's new company will be a long-term vehicle for many of the Scot's business interests and it will look into ventures involving events in tennis and other sports, including tennis academies along with seeking to manage other individuals, the report further said.

Mahesh Bhupathi, the Indian doubles player who is retiring at the end of this season, and Ugo Colombini, a long-term associate of Juan Martin del Potro, will continue in the roles they took up earlier this year, according to the report.