The Minister for Government Communications and Member of Parliament for Abura Asebu-Kwamankese, Felix Kwakye Ofosu, has reaffirmed the government’s strong commitment to passing the Sports Fund Bill into law as part of efforts to improve sports financing and development in Ghana.
Speaking in an interview with Joy Sports, Mr. Kwakye Ofosu revealed that the draft legislation is nearing completion and will soon be presented to Parliament for debate and approval.
“Efforts are still underway to ensure that the Bill is finalised and then it comes to Parliament for consideration,” he stated.
The minister emphasized that the initiative arises from growing concerns over the state of various sporting disciplines — including football, athletics, and boxing — as well as the nation’s inadequate infrastructure and limited incentive packages for athletes.
According to him, the establishment of a dedicated sports fund will mark a turning point in how Ghana finances its sports sector.
“My belief is that this Bill will generate significant resources to enable us to invest in sports in a way that yields the outcomes we want. We cannot expect to compete globally at the highest level without making the necessary investments,” he noted.
A draft version of the bill, shared by Mr. Kwakye Ofosu on October 10, 2025, outlines 14 potential sources of funding. These include parliamentary budget allocations, sports lotteries, sponsorship deals, grants, and taxes on sports betting companies.
Other proposed funding streams comprise gate proceeds, domestic and international athlete transfer fees, contributions from international federations, and revenue shares from sports competitions and commercial vendors.
Once enacted, the Sports Fund Bill is expected to create a sustainable framework for financing sports in Ghana — enhancing infrastructure, supporting athlete welfare, and promoting capacity building across various sporting disciplines.
Source: modernghana
Comments
Post a Comment