£173m broadcast revenue boost for grassroots

Major UK sports bodies have invested a record £173.4 million worth of broadcast revenues into grassroots and the growth of sports in the past year. The funding forms part of the Voluntary Code of Conduct on the Broadcasting of Major Sporting Events, which is administered by the Sport and Recreation Alliance.

It requires the UK’s major sporting bodies to put a minimum 30% of net broadcasting revenues back into their respective sports and to make their events available to free-to-air broadcasters so they can be viewed by as many people as possible.

Investments made through the code are focused on improving facilities and increasing participation.

Examples of funding include £1.7m by the ECB enabling the building of a covered outdoor cricket facility at Bradford Park Avenue.