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Rugby union gets biggest slice of £300m bailout pie
By PA
The UK Government will provide a combined £300million cash injection to 11 sports hit hard by the coronavirus pandemic, the Department of Digital, Culture, Media and Sport has announced, with rugby union getting the largest portion.
Major spectator sports have suffered as a result of the continued absence of fans from venues and after pledging its support, the Government has now outlined the scope of the support it will provide.
The support will largely be in the form of loans, DCMS said.
Rugby union will receive the biggest single amount – £135m. Of that, £44m will go to the Rugby Football Union, £59m to Premiership Rugby clubs, £9m to clubs in the Championship and £23m to clubs below the Championship.
Sports minister Nigel Huddleston said: “Over the past few weeks we have worked tirelessly with sport governing bodies and clubs across the country to fully assess what support is needed, as a result of the decision to postpone the return of fans.
“We know the vast majority of sports – many of which operate on tight financial margins – have been making serious cost reductions, such as locking down grounds, taking up the furlough scheme for many staff and halting excess payments.
“Whilst the Government’s overall economic package has provided a significant buffer, it is absolutely right that we now intervene to protect entire sports, and the communities they support, as we navigate this pandemic.”
The bailout massively exceeds the €18million handed out to IRFU by the Irish government. The IRFU reported a record deficit of €35.7 million, with the impact of the coronavirus pandemic putting a major dent in the union’s finances.
Upon the release of that report, IRFU chief executive Philip Browne had outlined that access to emergency funding would help the IRFU ‘buy time’, warning that “the return of the (professional) game is in a fragile state and a major outbreak of the Covid-19 virus could set us back.”
Those comments painted a bleak picture following a best-ever surplus of over €28m for the 2018/19 financial year.
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Great to see Aki Tuivailala at the Crusaders. Played well for Waikato and NZ Under 20's. Hamilton Boys High has become a great feeder for the Crusaders . Plenty of great local talent coming through, such outstanding young lock Liam Jack. Nephew of All Black Chris Jack. His Dad Graham was in the NPC winning Canterbury team of 1997 . Locked the scrum with Reuben Thorne. Two of his team mates Dads were in that team too, Todd Blackadder, ( captain) , son is Ethan and Angus Gardiner son is Dominic.
Go to commentsKyle Preston looks the goods. Fit , had great form for Wellington in the NPC. He is going to do well for the Crusaders. Like his last name sake Jon Preston, ( who played for Canterbury and Wellington, same position in the 1990's), he is one of the fittest around. Great he mentions Mitchell Drummond. As he said he is a great mentor and leader in the Crusaders.
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