Government Announces Additional £ 50 Million Emergency Funding Under Winter Survival Package For Sport | News News

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Horse racing, non-league football, rugby league and motorsports will receive £ 50million in funding; Culture Secretary Oliver Dowden said: “Through our Sport Survival Program and existing business support programs, we have helped hundreds of clubs survive this difficult winter period.”

Last updated: 03/28/21 21:24

Horse racing has benefited from £ 21million in loans in the latest installment of government emergency funding

The government has announced additional emergency funding of £ 50million for sport in the latest installment of its ‘Winter Survival Package’ to address the financial impact of the coronavirus pandemic.

Horse racing, rugby league, speedway and drag racing will receive £ 40million, while non-League football clubs in National League Stages 1-6 will receive additional funding from £ 10million.

As part of the announcement, Culture Secretary Oliver Dowden said: “We have pledged to stay tuned and protect our major spectator sports when we have to postpone the return of fans.

Culture Secretary Oliver Dowden Says Hundreds Of Clubs Have Been Saved By Winter Survival Package

Culture Secretary Oliver Dowden Says Hundreds Of Clubs Have Been Saved By Winter Survival Package

“Through our Sport Survival Program and existing business support programs, we have helped hundreds of clubs survive this difficult winter period. As the turnstiles begin to open over the next few weeks, players, staff and fans across the country can now look forward to a full return to action with confidence. “

Horse Racing will receive £ 21million in loans to enable “the Levy Board to continue its program of financial support and funding in the industry which has suffered greatly as a result of Covid-19,” the DCMS statement said.

British Horseracing Authority Managing Director Julie Harrington said: “We are extremely grateful to the officials at Sport England, DCMS and the Treasury for their support in accepting this funding for the races.

“We are also grateful to the Horserace Betting Levy Board for accepting our proposal and for borrowing this money to support the central funding of the races.

“This money will help ensure that the races continue behind closed doors despite the lack of revenue for spectators.

“This will benefit our racetracks, our participants and their communities, as well as the vital role racing plays as an employer and contributor to the rural economy.”

The government is giving £ 6.8million in grants and loans to 20 other National League clubs in Stages 1-2. This follows the February announcement that 19 teams from Stage 1 and 2 had received loans of up to £ 5.4million.

National League clubs to receive additional funding of $ 10 million

National League clubs to receive additional funding of £ 10million

National League Stage 3-6 clubs have received a grant of £ 3.1million on top of the £ 10million received in January, bringing the total funding to £ 13.1million.

Football Association chief executive Mark Bullingham said: “Clubs in the NLS system play a central role at the heart of their communities and often support many youth teams. Their support is crucial at this difficult time, we welcome therefore additional government funding. “

Male professional rugby clubs will receive £ 16.7million in loans, in addition to the £ 16million emergency loan scheme announced by the government in May 2020. There is also £ 1.45million of UK community and women’s games grants.

Motorsports have also been offered around £ 1million in loan support, with Speedway clubs receiving £ 300,000 in loan support and the Santa Pod Raceway £ 843,000.

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