Rishi Sunak ‘bails out’ ‘top’ British sports...

[SAPFO]

But yet boxing, a sport that probably is 2nd only to football in what it generates here, gets absolutely fvck all!!

A DISGRACE !!

[Jimmy2020]

Rishi Sunak hasn't bailed out anybody. Don't fall into the trap of hero worshipping a guy who is doling out debt.

[knockout]

Yes does seem a bit odd that tax payers money is being splashed out on supporting race course owners £40m and race track owners £6m. Presumably said venues are owned by very wealthy individuals or large companies and could seek their own financial support from share holders or loans.

The emphasis should be on the supporting the grassroots sports . The clubs that people volunteer their time for, the not for profit clubs which will be struggling to pay their rent and have little or no access to funding

[Ruthless-RKO]

Eddie Hearn: ‘It’s so disgusting that the government are not supporting grassroots boxing’

Hearn criticised the decision to support other sports through the pandemic this winter which comes as the doors of amateur boxing clubs remain closed

Eddie Hearn says he is “disgusted” by the government’s £300m support package for elite sport and threw a stinging right hook at bulging bailouts for rugby union and horse racing.

Sports Minister Nigel Huddleston this week announced a fund to support 11 sports which will lose significant revenues over the winter, with rugby and racing the biggest beneficiaries, awarded £135m and £40m respectively.

Hearn criticised the decision that comes as the doors of amateur boxing clubs remain closed and claimed politicians are out of touch with the role boxing plays in deprived communities.

“It's so disgusting that the government are not supporting grassroots boxing,” said Anthony Joshua's promoter, speaking at the launch of The National Lottery and ITV’s Miss Out to Help Out project, which encourages the public to miss out on their favourite TV shows and instead use that time to help out in their community.

“A huge amount of money is going into rugby and horse racing, yet nothing into a sport that's saving people's lives and that's because they're so far removed from those communities. They have no idea what boxing does in the community. They've never been to an ABC boxing club. You would only have to walk into one to see the kind of kids who are in there.

“It's keeping kids off the street, it's keeping them physically in shape, mentally focused, it's keeping them driven. Yet you want to put money into horse racing. These kids aren't going to gravitate towards horse racing or rugby. There's too many barriers to entry. You can walk into a boxing club around the corner in your community and change your life.

“It's down to a lack of understanding about what is important deep within communities. It's a lack of understanding about the sport of boxing, and they don't take any notice or care about it. Go and talk to Anthony Joshua about what boxing did for him and where he'd be without boxing – in prison, dead, anything. They can help so many community clubs survive.”

In his announcement, Huddleston said the funding was based on an assessment of need and that the assistance will be spread “fairly well” across the country.

In July, England Boxing announced a £150,000 Tackling Inequalities Fund to ease the financial burden on boxing clubs in the most deprived areas of the country.

Hearn and his company Matchroom Boxing have intervened themselves, helping a boxing club in Hartlepool raise £3,000 to repair their rotting floor within an hour of launching an online appeal.

“Clubs are doing everything they can to survive every day with the help of local businesses, but those businesses can’t afford to support them any more,” said Hearn. “They're always fighting a losing battle, but now, they've got no chance. We could lose many of them.”

Even bodies who benefitted from the fund say they are unclear as to how the money will help the grassroots of their sports. Badminton England, who received £2m, can now stage their All England Championships next year but admit they don’t know how local clubs will benefit. And it’s far from just boxing that needs a helping hand, according to Hearn.

“There are plenty of other sports that should have received the money other than boxing – any sport that's giving back to the community,” he said. “It could be karate, athletics, other things in the community that make a big difference – but not horse racing and that much money for rugby.

“You can't just say – 'I quite like rugby union, I think that's good for the kids, yes, I'll put in £100m’. You’re letting these kids and these communities down so badly because it shows a lack of understanding about the real world. All sports rely on volunteers and need help.”

Hearn is backing a new volunteering initiative from The National Lottery and ITV encouraging the public to use the time they spend watching their favourite TV show helping out in their community.

Hearn himself spent an hour virtually volunteering and talking to 12 members of charity Sporting Memories - one of the thousands of community groups supported by some of the £30m raised by Lottery players weekly.

“Volunteering with Sporting Memories was a really rewarding experience,” said Eddie. “To witness first-hand the impact, you can have on the wellbeing of an individual just by giving a small amount of your time to help out was so nice to see.

“I’d like to encourage everyone who has a bit of time to spare to go to MissOutTohelpOut.com to explore how they can support their local community.”

[TheGman]

Eddie Hearn: ‘It’s so disgusting that the government are not supporting grassroots boxing’

Hearn criticised the decision to support other sports through the pandemic this winter which comes as the doors of amateur boxing clubs remain closed

Eddie Hearn says he is “disgusted” by the government’s £300m support package for elite sport and threw a stinging right hook at bulging bailouts for rugby union and horse racing.

Sports Minister Nigel Huddleston this week announced a fund to support 11 sports which will lose significant revenues over the winter, with rugby and racing the biggest beneficiaries, awarded £135m and £40m respectively.

Hearn criticised the decision that comes as the doors of amateur boxing clubs remain closed and claimed politicians are out of touch with the role boxing plays in deprived communities.

“It's so disgusting that the government are not supporting grassroots boxing,” said Anthony Joshua's promoter, speaking at the launch of The National Lottery and ITV’s Miss Out to Help Out project, which encourages the public to miss out on their favourite TV shows and instead use that time to help out in their community.

“A huge amount of money is going into rugby and horse racing, yet nothing into a sport that's saving people's lives and that's because they're so far removed from those communities. They have no idea what boxing does in the community. They've never been to an ABC boxing club. You would only have to walk into one to see the kind of kids who are in there.

“It's keeping kids off the street, it's keeping them physically in shape, mentally focused, it's keeping them driven. Yet you want to put money into horse racing. These kids aren't going to gravitate towards horse racing or rugby. There's too many barriers to entry. You can walk into a boxing club around the corner in your community and change your life.

“It's down to a lack of understanding about what is important deep within communities. It's a lack of understanding about the sport of boxing, and they don't take any notice or care about it. Go and talk to Anthony Joshua about what boxing did for him and where he'd be without boxing – in prison, dead, anything. They can help so many community clubs survive.”

In his announcement, Huddleston said the funding was based on an assessment of need and that the assistance will be spread “fairly well” across the country.

In July, England Boxing announced a £150,000 Tackling Inequalities Fund to ease the financial burden on boxing clubs in the most deprived areas of the country.

Hearn and his company Matchroom Boxing have intervened themselves, helping a boxing club in Hartlepool raise £3,000 to repair their rotting floor within an hour of launching an online appeal.

“Clubs are doing everything they can to survive every day with the help of local businesses, but those businesses can’t afford to support them any more,” said Hearn. “They're always fighting a losing battle, but now, they've got no chance. We could lose many of them.”

Even bodies who benefitted from the fund say they are unclear as to how the money will help the grassroots of their sports. Badminton England, who received £2m, can now stage their All England Championships next year but admit they don’t know how local clubs will benefit. And it’s far from just boxing that needs a helping hand, according to Hearn.

“There are plenty of other sports that should have received the money other than boxing – any sport that's giving back to the community,” he said. “It could be karate, athletics, other things in the community that make a big difference – but not horse racing and that much money for rugby.

“You can't just say – 'I quite like rugby union, I think that's good for the kids, yes, I'll put in £100m’. You’re letting these kids and these communities down so badly because it shows a lack of understanding about the real world. All sports rely on volunteers and need help.”

Hearn is backing a new volunteering initiative from The National Lottery and ITV encouraging the public to use the time they spend watching their favourite TV show helping out in their community.

Hearn himself spent an hour virtually volunteering and talking to 12 members of charity Sporting Memories - one of the thousands of community groups supported by some of the £30m raised by Lottery players weekly.

“Volunteering with Sporting Memories was a really rewarding experience,” said Eddie. “To witness first-hand the impact, you can have on the wellbeing of an individual just by giving a small amount of your time to help out was so nice to see.

“I’d like to encourage everyone who has a bit of time to spare to go to MissOutTohelpOut.com to explore how they can support their local community.”

Hearn should tell Joshua the money that once was there isnt at this time so he has to take a massive pay cut like the rest of the country are doing. Putting ppv up to £24.99 at this time is a disgrace.

[high tower 1]

Well what do you expect it’s the Tory party. I still laugh at working class mates and colleagues who put Boris and Jacob rees on a pedestal.

[joshj909]

No boxing, cricket or athletics on there. Three of the only sports the UK actually holds championships in.

Its similar to the Arts bailout. All the money went to a select few already well funded groups that appeal to the Tory party members.

[Rezzer1967]

Well what do you expect it’s the Tory party. I still laugh at working class mates and colleagues who put Boris and Jacob rees on a pedestal.

100% right. Pathetic to see working class people looking up to these Eton sh1thouses. As if they care about others. Rugby Union and Horse racing get the money, the sports of choice of the ' gentry.'

[Jimmy2020]

The grants are calculated in large part based on PAYE revenues. I.e. the government is trying to keep people who are employed now and paying tax in work. Most people in boxing are either self-employed, company directors, volunteers, or some other machination. Horse racing, for example, is a huge employer.

[Counter-puncher]

The grants are calculated in large part based on PAYE revenues. I.e. the government is trying to keep people who are employed now and paying tax in work. Most people in boxing are either self-employed, company directors, volunteers, or some other machination. Horse racing, for example, is a huge employer.

Horse racing has a major source of revenue (the gambling industry) that other sports don’t have or don’t have to nearly the same extent, which could serve to keep the sport going in the absence of spectators, which are basically an irrelevance in the economics of the sport and where probably 90% of meetings subsidised entirely by gambling even before Covid. They’re a much more Covid-resilient model than most other sports I’d imagine, because of the gambling subsidies they’re not crushed by lack of spectators to the same degree . I take your point that it’s not a negligible industry in terms of employment, circa 85000 I think, but it’s difficult not to see cultural reasons being at the forefront of the Tories minds. They’ve fell heavily in the direction of the racing industry more than once and don’t really do much to contradict the idea of an unseemly rush to support the ‘right kind of people’ first.

[SAPFO]

No boxing, cricket or athletics on there. Three of the only sports the UK actually holds championships in.

Its similar to the Arts bailout. All the money went to a select few already well funded groups that appeal to the Tory party members.

Did you see the black drag queen who for £250k? Absolutely ridiculous! London council mind so can’t blame Tories.

[SAPFO]

Well what do you expect it’s the Tory party. I still laugh at working class mates and colleagues who put Boris and Jacob rees on a pedestal.

100% right. Pathetic to see working class people looking up to these Eton sh1thouses. As if they care about others. Rugby Union and Horse racing get the money, the sports of choice of the ' gentry.'

Problem is mate, there is no opposition. Corbyn & the looney hard left of Labour have seen to that. I like Starmer mind, but he’s got to sort his party out before he even thinks about trying to fix our country.

[banjo]

No boxing, cricket or athletics on there. Three of the only sports the UK actually holds championships in.

Its similar to the Arts bailout. All the money went to a select few already well funded groups that appeal to the Tory party members.

Yep they did the same with museums too, some of them got grants, the rest have been left to fend for themselves relying on donations to survive.

[mickey1975]

The grants are calculated in large part based on PAYE revenues. I.e. the government is trying to keep people who are employed now and paying tax in work. Most people in boxing are either self-employed, company directors, volunteers, or some other machination. Horse racing, for example, is a huge employer.

Horse racing has a major source of revenue (the gambling industry) that other sports don’t have or don’t have to nearly the same extent, which could serve to keep the sport going in the absence of spectators, which are basically an irrelevance in the economics of the sport and where probably 90% of meetings subsidised entirely by gambling even before Covid. They’re a much more Covid-resilient model than most other sports I’d imagine, because of the gambling subsidies they’re not crushed by lack of spectators to the same degree . I take your point that it’s not a negligible industry in terms of employment, circa 85000 I think, but it’s difficult not to see cultural reasons being at the forefront of the Tories minds. They’ve fell heavily in the direction of the racing industry more than once and don’t really do much to contradict the idea of an unseemly rush to support the ‘right kind of people’ first.

The knock on effect has ruined many businesses in York. Pubs round there, staff, taxis.

[Counter-puncher]

Yeah true will be same in Newmarket and so on. But it’s also true for other sports, lots of revenue to the area and adjunct areas of sporting venues. What makes racing so special, especially given that it’s subsidised by the betting industry to the extent that substantial spectator attendance isn’t necessary like it is for other sports?

[Jimmy2020]

Yeah true will be same in Newmarket and so on. But it’s also true for other sports, lots of revenue to the area and adjunct areas of sporting venues. What makes racing so special, especially given that it’s subsidised by the betting industry to the extent that substantial spectator attendance isn’t necessary like it is for other sports?

The bloodstock costs a lot to keep but the horses don't qualify for furlough?

Cartmel races, for example, only had three meetings this year, all the others had to be cancelled.

[joshj909]

Did you see the black drag queen who for £250k? Absolutely ridiculous! London council mind so can’t blame Tories.

That was from the Arts Council which is governed and funded by the Government rather than the London Council. Still stupid money for one individual to receive when others have received next to no support.

[Counter-puncher]

Yeah true will be same in Newmarket and so on. But it’s also true for other sports, lots of revenue to the area and adjunct areas of sporting venues. What makes racing so special, especially given that it’s subsidised by the betting industry to the extent that substantial spectator attendance isn’t necessary like it is for other sports?

The bloodstock costs a lot to keep but the horses don't qualify for furlough?

The horses are just assets. I imagine plenty of other stagnant or completely inactive industries are having to maintain their assets without much govt subsidy beyond the subsidising of their (furloughed) employees and self-employed workers.

[Jimmy2020]

You can't furlough people who are looking after animals.

[Counter-puncher]

Yeah true will be same in Newmarket and so on. But it’s also true for other sports, lots of revenue to the area and adjunct areas of sporting venues. What makes racing so special, especially given that it’s subsidised by the betting industry to the extent that substantial spectator attendance isn’t necessary like it is for other sports?

The bloodstock costs a lot to keep but the horses don't qualify for furlough?

Cartmel races, for example, only had three meetings this year, all the others had to be cancelled.

On the other hand people in (EG) the events and exhibitions industry haven’t made a penny all year and are unlikely to for maybe, what, 6 months? I just don’t see what makes racing stand out above several other industries in a similarly parlous position

[Counter-puncher]

You can't furlough people who are looking after animals.

Oh that’s what you meant, I didn’t see what you were driving at. Yeah, that’s true. Racing can at least count itself lucky to be one of those industries similarly afflicted that actually get recognised.

[Jimmy2020]

You can't furlough people who are looking after animals.

Oh that’s what you meant, I didn’t see what you were driving at. Yeah, that’s true. Racing can at least count itself lucky to be one of those industries similarly afflicted that actually get recognised.

Most animal industries are okay (e.g. food, also pet sales have gone through the roof.) but racing is obviously different. Thousands of large, needy expensive creatures (assets too, granted) that either have to be fed, watered, exercised, vet, etc or sent to the knackerman. Hence the staff need to be kept on but the income has been squeezed hard. I personally don't agree with the various handout schemes but I do think there's more to this one than it being a blue blood pursuit.

[Counter-puncher]

Different kinds of costs but racing certainly isn’t unique in being an industry having to bear significant costs without being able to earn. Actually I imagine the racing industry’s already gouged a significant amount out of the betting companies? I think I vaguely heard something about it. Lucky them if so.

[Muttley]

Yes does seem a bit odd that tax payers money is being splashed out on supporting race course owners £40m and race track owners £6m. Presumably said venues are owned by very wealthy individuals or large companies and could seek their own financial support from share holders or loans.

The emphasis should be on the supporting the grassroots sports . The clubs that people volunteer their time for, the not for profit clubs which will be struggling to pay their rent and have little or no access to funding

All about the ££££ generates in tax from the betting I expect

[Muttley]

But yet boxing, a sport that probably is 2nd only to football in what it generates here, gets absolutely fvck all!!

A DISGRACE !!

All those sports Sunak is 'bailing' out generate hundreds of thousands pounds a week in live gates,betting,advertising, staff etc . Unfortunately whether we like it or not one ppv every three weeks does not.