UK Athletics hit by devastating blow to finances as flagship event falls

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  • July’s Anniversary Games in London is called off
  • UKA insiders accept losses could amount to £2m

UK Athletics is facing a devastating £2m blow to its finances after confirming that the Anniversary Games in July, its flagship event and biggest money-spinner of the year, has been cancelled owing to the coronavirus pandemic.

In a sober message Jo Coates, the UKA chief executive, admitted the decision to call off the event at the London Stadium would have a “significant financial impact on UKA and the wider sport”.

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Written by Sean Ingle
This news first appeared on https://www.theguardian.com/sport/2020/may/12/uk-athletics-faces-seven-figure-loss-after-anniversary-games-cancelled under the title “UK Athletics hit by devastating blow to finances as flagship event falls”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.