Funding for Sport

Sporting Organisations require finance for running events and competitions, promotion and development, sports facilities, everyday running costs, training facilities, sports scholarships, salaries etc. Organisations can raise money from fund-raising activities, but most will require financial help from outside sources.

Sources of income

The money to build and maintain sports facilities can come from a variety of sources:

National Lottery - began in 1994. Bids can be made for a lottery funding grant, although they must fulfil specific criteria, e.g. access for disabled
Government taxes - National and local governments raise money through taxation, including gambling levies
UK Sport - distributes money directly and via other bodies
Sports National Governing Bodies
Sponsorship
Membership schemes - entrance fees, booking fees, merchandise
Private investment
Individual athletes, teams, clubs, event organisers etc

The funding of sports performers

Sports performers can receive money for playing sports in several ways - the more successful they are, the higher the variety of sources of income. Potential sources are:

Wages - Some sports pay performers a salary for playing
Appearance money - In some sports, players can be paid for taking part, usually by the event's sponsors
Prize money - The winner of an event may receive a sum of money.
Sponsorship - Financial backing from companies who use the sport or performers to promote their products.
Scholarships - Some schools and organisations pay talented performers scholarships to cover the cost of training and competition, as well as their education
TV appearance fees - Players can be paid for appearing on shows and commentating on matches
Publicity - Well-known performers can receive money for guest appearances or for activities such as opening new shops

Related References

The following references provide additional information on this topic:

JONES, I. (2008) Funding of sport development. Management of sports development, p. 243

Page Reference

If you quote information from this page in your work, then the reference for this page is:

MACKENZIE, B. (2006) Funding for Sport [WWW] Available from: https://www.brianmac.co.uk/funding.htm [Accessed


topics A-Z Page Index Article Library Coaching General Young Athletes Literature Reviews Coaching Conditioning Endurance Ergogenic Aids Evaluation Injury Prevention Nutrition Physiology Planning Psychology Skill Development Speed Strength Female Athletes Master Athletes Young Athletes Sports Specific Basketball Bodybuilding Boxing Cycling Golf Rowing Rugby Soccer Squash Swimming Tennis Triathlon USA Football Training Conditioning Endurance Ergogenic Aids Evaluation Injury Prevention Nutrition Physiology Planning Psychology Skill Development Speed Strength Anatomy & Physiology Articles Biomechanics Body Systems Cardiovascular Digestive Endocrine Muscular Neurological Respiratory Skeletal Body Type Energy Systems Maximum Heart Rate Movement Analysis Coaching Articles Assessment Communication Ethics Group Dynamics Methods Philosophy Process Principles Responsibilities Styles Skills & Roles Young Athletes Fitness Development Articles Agility Conditioning Core Stability Endurance Flexibility Skill Speed Strength Training Principles VO2max Fitness Testing Articles Blood Pressure Evaluation Tests Ideal Weight Nutrition Articles Basal Metabolic Rate Eating & Competing Eating Disorders Glycemic Index Healthy Eating Minerals Vitamins Planning Articles Athlete Profiling Creating a Plan LTAD Tapering Warm Up & Cool Down Programs Aqua Training Circuit Training CNS Training Complex Training Fartlek Training Heart Rate Training Hill Training Medicine Ball Training Personal Exercise Plan Plyometric Training Track & Field Training Weight Training Psychology Articles Competitive Anxiety Mental Imagery Relaxation Techniques SCAT Sports Psychology Stress Management TEOSQ Sports American Football Basketball Boxing Cross Country Cycling Fell Running Golf Rowing Rugby Soccer Squash Swimming Tennis Triathlon Ultimate Frisbee Sport Development Funding in Sport History of Sport Olympic Games Sport Structure Sports Injury Articles ACL Cramp Cryotherapy Dehydration Hot & Cold Baths Injury Prevention Muscle Imbalance Over Training Shin Soreness Stitch Sports Merchandise Books & DVD's Clothing & Shoes Training Aids Magazines Track & Field Combined Events Decathlon Heptathlon Hexathlon Octathlon Pentathlon Jumps High Jump Long Jump Pole Vault Triple Jump Running Hurdles Long Distance Middle Distance Sprints Steeplechase Throws Discus Hammer Javelin Shot Putt Track & Field Safety Training Aids Articles Ergogenic Aids Massage Sports Drinks Supplements Website Blog Website Updates Website Information Awards Disclaimer & Copyright Help - where do I find Link Exchange Policy Visitors Comments Visitor Feedback Visitor Statistics Web Master Web Links Coaches Corner Useful Links	Funding for Sport Sporting Organisations require finance for running events and competitions, promotion and development, sports facilities, everyday running costs, training facilities, sports scholarships, salaries etc. Organisations can raise money from fund-raising activities, but most will require financial help from outside sources. Sources of income The money to build and maintain sports facilities can come from a variety of sources: National Lottery - began in 1994. Bids can be made for a lottery funding grant, although they must fulfil specific criteria, e.g. access for disabled Government taxes - National and local governments raise money through taxation, including gambling levies UK Sport - distributes money directly and via other bodies Sports National Governing Bodies Sponsorship Membership schemes - entrance fees, booking fees, merchandise Private investment Individual athletes, teams, clubs, event organisers etc The funding of sports performers Sports performers can receive money for playing sports in several ways - the more successful they are, the higher the variety of sources of income. Potential sources are: Wages - Some sports pay performers a salary for playing Appearance money - In some sports, players can be paid for taking part, usually by the event's sponsors Prize money - The winner of an event may receive a sum of money. Sponsorship - Financial backing from companies who use the sport or performers to promote their products. Scholarships - Some schools and organisations pay talented performers scholarships to cover the cost of training and competition, as well as their education TV appearance fees - Players can be paid for appearing on shows and commentating on matches Publicity - Well-known performers can receive money for guest appearances or for activities such as opening new shops Related References The following references provide additional information on this topic: JONES, I. (2008) Funding of sport development. Management of sports development, p. 243 Page Reference If you quote information from this page in your work, then the reference for this page is: MACKENZIE, B. (2006) Funding for Sport [WWW] Available from: https://www.brianmac.co.uk/funding.htm [Accessed