Sport-Euro 2028 among events to benefit as UK govt pledges $1.2 billion investment in sport
Published by Global Banking & Finance Review®
Posted on June 20, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 20, 2025
1 min readLast updated: January 23, 2026
The UK government commits $1.2 billion to enhance sports infrastructure, supporting major events like Euro 2028 and boosting grassroots facilities.
(Reuters) -The UK government has pledged to spend more than 900 million pounds ($1.21 billion) to improve grassroots sporting infrastructure and support major events in the country such as Euro 2028, the Department for Culture, Media and Sport said.
More than 500 million pounds would be used to support the delivery of world-class events, including next year's European athletics championships and the start of the men's and women's races of the Tour de France in 2027.
"This major backing for world-class events will drive economic growth across the country, delivering on our Plan for Change," Culture Secretary Lisa Nandy said in a statement on Thursday.
Affirming a commitment made by Nandy's predecessor Lucy Frazer in 2023, the government will also invest at least 400 million pounds in communities around the country to build new or upgrade existing grassroots sports facilities.
($1 = 0.7412 pounds)
(Reporting by Chiranjit Ojha in Bengaluru; Editing by Peter Rutherford)
The UK government has pledged to spend more than 900 million pounds, which is approximately $1.21 billion, to improve grassroots sporting infrastructure.
The investment will support major events such as Euro 2028 and next year's European athletics championships.
The funding aims to enhance grassroots sports infrastructure and support the delivery of world-class events, driving economic growth across the country.
Culture Secretary Lisa Nandy announced the investment, affirming a commitment made by her predecessor Lucy Frazer.
At least 400 million pounds will be invested in communities to build new or upgrade existing sports facilities.
Explore more articles in the Headlines category


