logo

The emergency funding package for sport

Thu 10 December 2020 | 22:52

A £55 million emergency funding package has been announced by the Scottish Government to tackle the problems during the COVID-19 pandemic.

The funding is in the form of grants and low-interest loans, including £30 million for top-tier football clubs. Rugby will benefit from £20 million, alongside funding for other sports such as basketball, netball, motorsport, horse racing, and ice hockey.

Scottish Sports Minister Joe Fitzpatrick said: “I am pleased to announce this substantial funding package, which will help to ensure those sports which have been worst affected by the loss of ticket revenue during the pandemic are able to bridge the gap in revenue until spectators are able to return safely to sports events in larger numbers.

“While restrictions on supporters at events have been vital in stopping the spread of the virus and saving lives, there can be no doubt that they have created real hardships for many sports clubs.

“These clubs are at the heart of our communities and, without urgent financial support, the survival of some could be in question.

“I’m delighted that we are able to provide significantly more support than the Barnett consequential funding received from the UK Government Sports Winter Survival package.”

Sportscotland chief executive Stewart Harris said:

“This announcement is very welcome as the funding will help protect the immediate future of many clubs over the coming months.

“We will continue to work with a range of Scottish governing bodies of sport and the Scottish Government to prioritize this funding to ensure the survival of the sports at the heart of our communities.

“With the rollout of the vaccine this week there is real hope that we are beginning to see our way out of this pandemic, and we need to make certain that sport is in a good place and is a prominent part of the overall recovery plan.”


source: SportMob

DISCLAIMER! Sportmob does not claim ownership of any of the pictures posted on this website. Again, we do not host pictures or videos ourselves. Our authors merely link to the rightful owner. Lastly, Sportmob have carefully considered and reviewed all of its content. Despite that, it is possible that some information might be out-dated or incomplete.