British sports bodies fear financial ruin because of coronavirus pandemic

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  • Handful of national governing bodies face an existential threat
  • ‘Sports like ours will find it very difficult to recover’

Some British sporting bodies, including those sending athletes to next year’s Olympics, fear they could go under because of the coronavirus pandemic, the Guardian can reveal.

A handful of national governing bodies have privately told UK Sport that they face an existential threat due to the crisis, while at least a dozen more say they are facing a severe financial hit with events being cancelled and other sources of revenue being slashed.

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Written by Exclusive by Sean Ingle
This news first appeared on https://www.theguardian.com/sport/2020/apr/02/british-sports-bodies-fear-financial-ruin-because-of-coronavirus-pandemic under the title “British sports bodies fear financial ruin because of coronavirus pandemic”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.