Basketball receives £4 million as part of government support

Basketball receives £4 million as part of government ‘Sport Winter Survival Package’

The BBL, WBBL, and Basketball England will receive £4million to protect their immediate futures over the winter period as part of the government’s £300million ‘Sports Winter Survival Package’ announced today.

The national governing body’s NBL clubs will receive a quarter of that sum, with the other £3million going to the BBL and WBBL clubs. It is believed the amount is equal to what the sport requested as part of their own submission.

Full details on how funding will be distributed and the application process, will be announced by Sport England in due course. It is expected that the first tranche of funding will be distributed in the coming weeks.

O2 Arena Basketball
O2 Arena Basketball

Matt Neville, chair of Basketball England said:

“This is fantastic news for the whole sport of basketball. Clubs are right at the heart of communities right across the country and have been suffering like many so others have during the Covid-19 lockdown.

“We welcome and are grateful for the financial assistance that the Government is providing and are sure it will be a massive boost for us and our clubs, allowing them to continue to play this season and protect jobs and livelihoods.

“It will also help basketball carry on with the great work done to support their communities, many already suffering hardship, as we work through the challenges of the pandemic with this vital support.”

Basketball receives £4 million as part of government support

BBL chair Sir Rodney Walker added:

“We are very pleased with the announcement by the Minister for Sport, Nigel Huddleston MP, today. Our league was hit very hard last season by the Covid-19 pandemic, causing us to have to curtail the season, to the great disappointment of our clubs, players and fans.

“DCMS did give us the confidence to start the 2020/21 season a few weeks ago, with a commitment of support, and we are particularly pleased with the level now confirmed.

“Our clubs have worked extremely hard to mitigate the impact of loss of spectators at our events, and sadly that has included job losses.

“With no certainty of when spectators can return, the announcement today ensures we can now go forward with some confidence, and continue our competitions and our planning for when we can welcome fans back to games.

“It will also be very important to ensuring the clubs’ vital community engagement programmes will be able to continue with confidence, giving the stability this provides overall to the clubs, their Foundations, and the sport in general.”

However, Hoopsfix understands the funding will be a combination of grants and loans, meaning cash-strapped basketball will need to pay a portion of it back. The details of how it will be split are still being clarified.

see more here …