Sports: Coronavirus

(asked on 23rd November 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what proportion of the Sport Winter Survival Package will be provided as (a) grants and (b) loans.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 26th November 2020

The mix of loans and grants will be driven by need and the ability to repay. The allocations announced on Tuesday 19 November 2020 were preliminary allocations made on a needs based assessment process, and reflect the submissions made from the individual sports. According to these initial allocations, we expect about £250m of the £300m funding to be loans, with the rest being grants. The funding process will be overseen by an independent decision-making board and supported by Sport England: the proportion of grants to loans will only be finalised once that decision-making process is complete.

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