Tag: funding


COVID-hit UK sports bodies get fiscal aid

EFL and Rugby clubs receive funding

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

England Chancellor unveils funding for spectator sports

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

Funding for Welsh stadiums

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

UK cash boost for clubs and stadiums

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

Ricoh Arena expansion August 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

New Zealand Eden Park with government backing

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


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