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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 certain criteria e.g. access
for disabled.
- Government taxes - National and local government 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 sport in a number
of ways - the more successful they are the greater the variety of sources of
income. Potential sources are:
- Wages - Some sports pay performers a wage 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
Associated Pages
The following Sports Coach pages should be read in conjunction with this page:
Associated Books
The following books provide more information related to this topic:
- Advanced Studies in Physical Education and Sport, P Beashel et al., ISBN 0 17 4482345
- Physical Education and the Study of Sport, B. Davis et al., ISBN 0 7234 31752
- Essentials of Exercise Physiology, W.D. McArdle et al., ISBN 0 683 30507 7
- Physical Education and Sport Studies, D. Roscoe et al., ISBN 1 901424 20 0
- The World of Sport Examined, P. Beashel et al., ISBN 0 17 438719 9
- Advanced PE for Edexcel, F. Galligan et al., ISBN 0 435 50643 9
- Examining Physical Education, K. Bizley, ISBN 0 435 50660 9
- Sport and PE, K Wesson et al., ISBN 0 340 683821
- PE for you, J. Honeybourne, ISBN 0 7487 3277 2
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