UK Invests Over £900 Million to Propel Sports Events
The UK government announces a £900 million investment in sports, aimed at supporting major events like the men's European Championship and Tour de France. Part of the funding will enhance grassroots facilities, while the rest targets economic growth through international sporting events and regional prosperity.
- Country:
- United Kingdom
The British government is channeling over £900 million ($1.2 billion) into sports to support events like the men's European Championship and the Tour de France's Grand Departs.
Announced on Thursday, this investment will also aid a bid by UK soccer federations to host the 2035 Women's World Cup.
Over £400 million ($540 million) is allocated for grassroots facilities, while the remaining funds are earmarked for major events to fuel economic growth, create jobs, and boost regional prosperity.
(With inputs from agencies.)
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