More funding

Got something to discuss about RL in general? Then this is the place to post it.
User avatar
jaws1
Posts: 2831
Joined: Tue Apr 18, 2006 2:43 pm
Contact:

More funding

Post by jaws1 » Thu Nov 19, 2020 2:55 pm

https://www.bbc.com/sport/54998979
The government has announced a rescue package of £300m of emergency funding for sports impacted by the absence of spectators because of coronavirus.

Both rugby codes and horse racing are among the beneficiaries, but not clubs in football's Premier League nor the English Football League.

Cricket was not on the initial list.

"Clubs are the beating hearts of their communities - this boost will help them survive this difficult winter period," said DCMS minister Oliver Dowden.

The government said the Sports Winter Survival Package, which will be largely composed of low-interest loans, will support rugby union, horse racing, women's football and the lower tiers of the National League. It added that rugby league, motorsport, tennis, netball, basketball, ice hockey, badminton and greyhound racing were also in line to benefit.

Sports minister Nigel Huddleston added that grants would be available where organisations were unable to repay loans. He also said "the door was open" to any sport requiring funding, including cricket which was not on the initial list.

The money available is for sports in England, with Scotland, Wales and Northern Ireland responsible for their own budgets.

The Department for Digital, Culture, Media & Sport (DCMS) statement added: "Preliminary allocations have been made on a needs-based assessment process and reflect the submissions made from the individual sports, and the funding process will be overseen by an independent decision-making board and supported by Sport England."

It said the first tranche of funding will be distributed in the coming weeks.

A breakdown of funding distribution (preliminary figures):
Note: The final amount received by each sport/organisation may differ from the amounts set out when final decisions are made by an independent decision-making board, and supported by Sport England.

Rugby Union: £135m - Rugby Football Union: £44m; Premiership clubs: £59m; Championship clubs: £9m; Clubs below Championship: £23m

Horseracing: £40m - To racecourses

Football: £28m - National League (steps 1-2): £11m; National League (steps 3-6): £14m; Women's Football (Women's Super League and FA Women's Championship): £3m

Rugby League: £12m

Motorsport: £6m - Owners/operators of major circuits (Silverstone, Goodwood, The British Automobile Racing Club, MotorSport Vision)

Tennis: £5m - Lawn Tennis Association

Netball: £4m - England Netball: £2m; Super League Netball: £2 million

Basketball: £4m - Basketball England: £1m; British Basketball League clubs (including Women's British Basketball League clubs): £3m

Ice Hockey: £4m - Elite League

Badminton: £2m - Badminton England

Greyhound racing: £1m - Greyhound Board of Great Britain

'It's a bit of breathing room'
Chief executive officer Bill Sweeney said the Rugby Football Union was grateful for the "much-needed support" and that the organisation would work with the government to find the "appropriate balance between loans and grants" for the different areas of the sport.

Kat Ratnapala, director of netball at Saracens Mavericks, told BBC Radio 5 Live that the funding would help her club compete in next season's Superleague.

"This means a huge deal to us," she said "The big thing for us is to make sure we are prepared and financially able to start our new campaign in February.

"It's been a tough year for us, financially, to make ends meet. We set up a funding page just so we could come through the first Covid lockdown. It's a loan and we need to pay that back eventually.

"We're definitely not out of the woods, but it's a bit of breathing room so that we can get back on to court at least and get a full season under our belts."

Adrian Christy, Badminton England's chief executive, said the funding could help stave off the threat of job losses in the organisation.

"

User avatar
Fujiman
Posts: 2913
Joined: Mon May 01, 2006 1:19 pm

Re: More funding

Post by Fujiman » Thu Nov 19, 2020 3:09 pm

jaws1 wrote:
Thu Nov 19, 2020 2:55 pm
https://www.bbc.com/sport/54998979
The government has announced a rescue package of £300m of emergency funding for sports impacted by the absence of spectators because of coronavirus.

Both rugby codes and horse racing are among the beneficiaries, but not clubs in football's Premier League nor the English Football League.

Cricket was not on the initial list.

"Clubs are the beating hearts of their communities - this boost will help them survive this difficult winter period," said DCMS minister Oliver Dowden.

The government said the Sports Winter Survival Package, which will be largely composed of low-interest loans, will support rugby union, horse racing, women's football and the lower tiers of the National League. It added that rugby league, motorsport, tennis, netball, basketball, ice hockey, badminton and greyhound racing were also in line to benefit.

Sports minister Nigel Huddleston added that grants would be available where organisations were unable to repay loans. He also said "the door was open" to any sport requiring funding, including cricket which was not on the initial list.

The money available is for sports in England, with Scotland, Wales and Northern Ireland responsible for their own budgets.

The Department for Digital, Culture, Media & Sport (DCMS) statement added: "Preliminary allocations have been made on a needs-based assessment process and reflect the submissions made from the individual sports, and the funding process will be overseen by an independent decision-making board and supported by Sport England."

It said the first tranche of funding will be distributed in the coming weeks.

A breakdown of funding distribution (preliminary figures):
Note: The final amount received by each sport/organisation may differ from the amounts set out when final decisions are made by an independent decision-making board, and supported by Sport England.

Rugby Union: £135m - Rugby Football Union: £44m; Premiership clubs: £59m; Championship clubs: £9m; Clubs below Championship: £23m

Horseracing: £40m - To racecourses

Football: £28m - National League (steps 1-2): £11m; National League (steps 3-6): £14m; Women's Football (Women's Super League and FA Women's Championship): £3m

Rugby League: £12m

Motorsport: £6m - Owners/operators of major circuits (Silverstone, Goodwood, The British Automobile Racing Club, MotorSport Vision)

Tennis: £5m - Lawn Tennis Association

Netball: £4m - England Netball: £2m; Super League Netball: £2 million

Basketball: £4m - Basketball England: £1m; British Basketball League clubs (including Women's British Basketball League clubs): £3m

Ice Hockey: £4m - Elite League

Badminton: £2m - Badminton England

Greyhound racing: £1m - Greyhound Board of Great Britain

'It's a bit of breathing room'
Chief executive officer Bill Sweeney said the Rugby Football Union was grateful for the "much-needed support" and that the organisation would work with the government to find the "appropriate balance between loans and grants" for the different areas of the sport.

Kat Ratnapala, director of netball at Saracens Mavericks, told BBC Radio 5 Live that the funding would help her club compete in next season's Superleague.

"This means a huge deal to us," she said "The big thing for us is to make sure we are prepared and financially able to start our new campaign in February.

"It's been a tough year for us, financially, to make ends meet. We set up a funding page just so we could come through the first Covid lockdown. It's a loan and we need to pay that back eventually.

"We're definitely not out of the woods, but it's a bit of breathing room so that we can get back on to court at least and get a full season under our belts."

Adrian Christy, Badminton England's chief executive, said the funding could help stave off the threat of job losses in the organisation.

"
Union clubs below Championship get £23m we get 12m WTF!
This quote is no longer available because the person is deemed not fit enough to provide it!

nathan_rugby
Posts: 2241
Joined: Sun Apr 23, 2006 9:12 pm

Re: More funding

Post by nathan_rugby » Thu Nov 19, 2020 3:17 pm

Disgraceful.

Look at the amount of money given to horse racing which barely has any positives on society
Bomhead - "Lockers to prop."

The booze hound
Posts: 760
Joined: Tue Feb 25, 2014 8:05 am

Re: More funding

Post by The booze hound » Thu Nov 19, 2020 4:29 pm

Without knowing which numbers are loans and which are non-repayable it's pointless comparing.

Charriots Offiah
Posts: 331
Joined: Fri Sep 18, 2020 1:14 pm

Re: More funding

Post by Charriots Offiah » Thu Nov 19, 2020 7:30 pm

nathan_rugby wrote:
Thu Nov 19, 2020 3:17 pm
Disgraceful.

Look at the amount of money given to horse racing which barely has any positives on society
The horses need feeding.

Nezza Faz
Posts: 1689
Joined: Sun Jan 23, 2011 10:05 pm

Re: More funding

Post by Nezza Faz » Thu Nov 19, 2020 11:39 pm

The booze hound wrote:
Thu Nov 19, 2020 4:29 pm
Without knowing which numbers are loans and which are non-repayable it's pointless comparing.
And in fairness, we got £16M earlier on whilst union got nothing. And I suppose union does have more clubs all the way down the part time pyramid nationally.

One good reason we need to continue to expand our game.

User avatar
Mike
Site Admin
Posts: 5684
Joined: Sun Dec 23, 2018 6:54 pm
Contact:

Re: More funding

Post by Mike » Fri Nov 20, 2020 6:11 am

10x money for union than league. Someone needs to do a freedom of information request and find out if the applications we're 10x different in what they were asking for.

Tories just giving money to their mates again.

User avatar
Fujiman
Posts: 2913
Joined: Mon May 01, 2006 1:19 pm

Re: More funding

Post by Fujiman » Fri Nov 20, 2020 10:16 am

Heard McManus on radio 4 this morning being asked about it. One of the things he said was that they sold a percentage (think 30%) stake in the league last season to a private equity firm for £220m (i think). Seemed OK with the sum we got but said serious questions re the sum RU got need to be asked.
This quote is no longer available because the person is deemed not fit enough to provide it!

moto748
Posts: 2654
Joined: Fri Dec 26, 2014 5:30 pm

Re: More funding

Post by moto748 » Fri Nov 20, 2020 12:25 pm

nathan_rugby wrote:
Thu Nov 19, 2020 3:17 pm
Disgraceful.

Look at the amount of money given to horse racing which barely has any positives on society
You wouldn't say that if you were Dido Harding, boss of the Jockey Club, superstar Track and Trace czar, wife of Tory MP, now boss of Public Health England, or whatever they've been re-named as this week...
Last edited by moto748 on Fri Nov 20, 2020 12:27 pm, edited 1 time in total.

moto748
Posts: 2654
Joined: Fri Dec 26, 2014 5:30 pm

Re: More funding

Post by moto748 » Fri Nov 20, 2020 12:27 pm

Nezza Faz wrote:
Thu Nov 19, 2020 11:39 pm
The booze hound wrote:
Thu Nov 19, 2020 4:29 pm
Without knowing which numbers are loans and which are non-repayable it's pointless comparing.
And in fairness, we got £16M earlier on whilst union got nothing. And I suppose union does have more clubs all the way down the part time pyramid nationally.

One good reason we need to continue to expand our game.
Yeah, if the money's going to Snotborough RUFC... :roll:

Post Reply