Sports: Finance

Culture Media and Sport written question – answered on 30th April 2008.

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Photo of Jeremy Hunt Jeremy Hunt Shadow Secretary of State for Culture, Media and Sport

To ask the Secretary of State for Culture, Media and Sport what steps his Department is taking to achieve the target of increasing private sector funding of sport in 2008-09.

Photo of Gerry Sutcliffe Gerry Sutcliffe Parliamentary Under-Secretary (Department for Culture, Media and Sport) (Sport)

Sport England has developed a commercial strategy to support its target to raise £50 million in private sector funding. This is part of its overall strategy for 2008-11, which is being finalised and is due to be launched shortly.

We are also working closely with UK Sport and others about raising the £100 million private sector funding for elite athletes.

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