Government announces further £50m in emergency funding as part of 'Winter Survival Package' for sports - News Summed Up

Government announces further £50m in emergency funding as part of 'Winter Survival Package' for sports


Government announces further £50m in emergency funding as part of 'Winter Survival Package' for sportsHorse racing has benefitted from £21m in loans in the government's latest tranche of emergency fundingThe government has announced a further £50m in emergency funding for sport in the latest tranche of its 'Winter Survival Package' to cope with the financial impact of the coronavirus pandemic. Horse racing, rugby league, speedway and drag racing will receive £40m, while non-League football clubs in National League steps 1-6 will benefit from an additional £10m in funding. Culture Secretary Oliver Dowden says hundreds of clubs have been saved by the 'Winter Survival Package'"Through our Sport Survival Package and existing business support schemes, we have helped hundreds of clubs to survive this difficult winter period. The government is giving £6.8m worth of grants and loans to a further 20 National League clubs across steps 1-2. Men's professional rugby league clubs will receive £16.7m in loans, on top of the existing £16m emergency loan scheme announced by the government in May 2020.


Source: Sky sports March 28, 2021 23:03 UTC



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