Tag: funding

North Strip hotel project new lease on life

Article posted by Coliseum, October 27^th, 2022

Ex-National Basketball Association (NBA) player Jackie Robinson unveiled a new funding package on October 19th for his long-sought arena and hotel project on the North Strip (Las Vegas, US) – a venture that’s been on the drawing board for nearly nine years and seen other financing plans... » Read more

COVID-hit UK sports bodies get fiscal aid

Article posted by Coliseum, April 5^th, 2021

The English Football League (EFL) recently agreed to a new £117.5m (€137.7m/$161.7m) funding package from MetLife Investment Management, the institutional asset management business of MetLife Inc., to support Championship Clubs in meeting Pay As You Earn (PAYE) liabilities. This is an initiative... » Read more

UK Govt cash infusion for spectator sports

Article posted by Coliseum, March 19^th, 2021

UK Chancellor Rishi Sunak confirmed in his budget speech recently that major spectator sports in England will be provided with £300m (€347m/$419m) in funding as clubs and governing bodies prepare to reopen stadia. Gov.UK quoted Sunak as stating, “We’re making available £700 million to... » Read more

Bailout package for Welsh spectator sports

Article posted by Coliseum, February 1^st, 2021

To help spectator sports tide over the severe financial effects due to COVID-19 which still continues to thump the United Kingdom, the Welsh Government has announced a £17.7m (€19.9m/$24.2m) funding package, with rugby union to benefit the most after being granted £13.5m. Football has been... » Read more

UK Govt largesse for COVID-floundering sports

Article posted by Coliseum, January 20^th, 2021

The pound 300 lifeline, mostly loans, provided by the UK Government to 11 spectator sports in England is sure to keep them afloat at a time when the United Kingdom has gone into a national lockdown what with the new COVID-19 strain taking a huge toll on lives and the sports venue sector bleeding... » Read more

UK Govt’s financial teeth to Ricoh Arena

Article posted by Coliseum, August 11^th, 2020

The Ricoh Arena – a stadium in Coventry, England – has revealed further details of its plans to add to and enhance its conferencing and exhibition facilities ahead of the Commonwealth Games after receiving multi-million-pound Government funding. This is due to be the third time England will... » Read more

Eden Park spruce-up ahead of showpiece events

Article posted by Coliseum, July 13^th, 2020

Ahead of hosting three women’s World Cup events, the New Zealand Government has allocated an initial NZ$7.3m (£3.8m/€4.2m/$4.8m) to give a shot in the arm to the country’s sports facilities. Sports Minister Grant Robertson gave out details of the first major release of funding, NZ$80m, from... » Read more