Source · Select Committees · Digital, Culture, Media and Sport Committee
Recommendation 5
5
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Many National Governing Bodies and other sports groups and organisations were not financially stable enough...
Recommendation
Many National Governing Bodies and other sports groups and organisations were not financially stable enough to fully support themselves through the economic shock that was caused by the Covid-19 pandemic. There is a balance to be found between 30 Sport in our communities ensuring enough money is spent to improve participation and support community and grassroots sport, and ensuring organisations can be more financially resilient in an emergency. We recommend that the Government work with Sport England, UK Sport and the National Lottery to review and revise the current funding models to enable sports organisations to accumulate greater reserves and, as a result, have more of a cushion to support themselves with should another situation like the Covid-19 pandemic occur.
Paragraph Reference:
31
Government Response
A response document is linked to this report, dated 20 October 2021. Response attribution to this recommendation has not been verified. Read the response document ↗