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Maria Sharapova to make Monday announcement

Maria Sharapova at a press conference
Image: Maria Sharapova will speak to the media on Monday

Five-time Grand Slam winner Maria Sharapova has called a press conference "to make an announcement" on Monday.

The 28-year-old Russian will speak to the media in Los Angeles at midday (8pm GMT).

World No 7 Sharapova has been struggling with an arm injury this year and has played in only one tournament, losing to Serena Williams in the quarter-finals of the Australian Open.

The unspecified nature of the announcement has sparked speculation about Sharapova's future in tennis, and whether she might choose to retire or take a break to recover full fitness.

Sharapova's manager, Max Eisenbud, told Eurosport Russia in February this was unlikely to be Sharapova's final season.

He said: "I think not. But in order to play again she needs to be healthy."

Sharapova won her first grand slam as a 17-year-old at Wimbledon in 2004 and has since landed the 2006 US Open title, the 2008 Australian Open and the French Open twice, in 2012 and 2014.

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Maria Sharapova celebrates winning her match against Belinda Bencic at the 2016 Australian Open
Image: Sharapova is a five-time Grand Slam winner

The highest-paid female athlete in world sport for the last 11 years, according to Forbes, Sharapova has earned a large part of her income through sponsor endorsements and has her own sweet business, Sugarpova.

She has pulled out of the upcoming Indian Wells tournament, the BNP Paribas Open, due to injury.

Announcing that decision on Thursday, Sharapova said: "I have been focused on healing my left forearm injury and tried to get my body to be 100 per cent ready to play this event. I will be anxious to return next year."