Good news for clubs with Sports Recovery Package

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June 17, 2021
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Good news for clubs with Sports Recovery Package

The Chancellor of the Exchequer, Rishi Sunak, has announced a Sport Recovery Package in his latest Budget.

The £300m funding for spectator sports in England includes cricket, tennis and horse-racing and is good news for sports clubs who can expect to benefit.

Details will emerge as to what extent this includes loans or grants but as with November's Sport Winter Survival Package, it will be given to governing bodies and Sport England to distribute in the coming months.

Keep an eye out on further announcements from Sports England as to criteria, eligibility and the process to apply.

There will also be football-specific funds made available from the UK Government, including £2.8m for the 2030 World Cup bid team (between England England, Wales, Scotland, Northern Ireland and Ireland) and £25m to go towards improving grassroots football facilities.

blog-sunbury-cricket-defenceCommunity Ownership Fund

In addition, the Budget revealed a £150m fund to help those in their community take over ailing institutions (including sports clubs, theatres and music venues) to keep them open.

The Community Ownership Fund will enable communities to bid up to £250,000 to save their local pubs or sports clubs.

All in all, some promising announcements for club sport as we head into Spring.

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