Scottish Rugby has today (Sunday 15 March) launched a significant new funding support initiative.
A new £500,000 Club Hardship Fund (CHF) will offer financial assistance to grassroots clubs facing cashflow and immediate financial challenges through the impact of Coronavirus (Covid-19).
Designed to help clubs through the period of uncertainty created by the Coronavirus outbreak, the CHF would release funds to support identified financial issues caused by a lack of fixtures or pressures on other revenue streams.
BREAKING | Scottish Rugby launches significant new funding support initiative.— Scottish Rugby (@Scotlandteam) March 15, 2020
A new £500,000 Club Hardship Fund offers financial assistance to grassroots clubs facing cashflow & immediate financial challenges through the impact of Coronavirus.#AsOnehttps://t.co/G2df6CjJZU
With a lack of fixtures and reduction on public gatherings clubs may struggle for cash-flow and Scottish Rugby wishes to help and support them.
In addition to the £500K Club Hardship Fund, Scottish Rugby is also accelerating its collective club support payments by a month, to April from May, which will in itself exceed £500,000 in funding to ease the financial burden.
Scottish Rugby will also be talking to all its key partners and stakeholders to generate wider support for the CHF and to offer further practical support to our local clubs across Scotland.
Scottish Rugby Chief Executive, Mark Dodson said: “These are unprecedented times and we are acutely aware of the significant day to day financial challenges our member clubs will face in the coming weeks if fixtures cannot be resumed in the mid to long term and other planned fund-raising initiatives are curtailed.
“We are creating the £500K Club Hardship Fund to provide clubs with the reassurance there is financial assistance available to the dedicated volunteers and staff who deliver our game in their local communities.”Scottish Rugby Chief Executive, Mark Dodson
“It is important we act now and provide tangible, practical support during these unsettling times.
“I also want to offer, on behalf of everyone at Scottish Rugby, our very best wishes to everyone across the country at this extremely difficult time.”
Clubs will be invited to apply to the CHF by completing and returning a CHF claim application, which will be posted on the Sottish Rugby website later this week and contain details of the necessary criteria. Scottish Rugby will look to release funds in a timely manner as appropriate.
The full criteria for CHF applications will be shared with all rugby clubs in Scotland through Scottish Rugby’s own ‘Club Comms’ channels in the coming week.
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