Government financial support update

We are continuing dialogue with Government and Sport England around the eligibility criteria and application process for impacted clubs to access funding support from the Winter Sports Survival package that was announced by DCMS in November, 2020. No funds have been issued yet, either to clubs or the RFU, and hence please don’t think you have missed out on anything yet. The fund was established to help ease the impact of the loss of revenue due to no spectators in the period October 1st to March 31st and we will update as soon as an agreement on eligibility and distribution is reached. This is likely to be an application process and will be needs based, it is not an automatic grant.

Sport England has also updated the Return to Play funding that was confirmed by Government last year. They have increased the available budget, as well as extending the deadline until Wednesday 30 June 2021.

In September, we also mentioned Covid-19 Business Interruption Insurance. There has recently been an update from the FCA, and policyholders should expect to hear from their broker, insurance advisor or insurer in the coming days if this applies to them.

Further info can be found on our funding page below