At November 30th 2003, Sport England had a surplus balance of £210m. By the end of 2007, the figure was still the same.
Yet Sport England has failed to answer the vital question: Why, in the same time that (after government pressure) other Lottery distributors reduced their balances by £1.2 billion, have Sport England kept [...]
Archive for February 26th, 2008
The £200m question that Sport England won’t answer
Posted in 1, tagged lottery, sport, sport england, surplus. on February 26, 2008 | Leave a Comment »
CAARE reveals Sport England’s budget surplus
Posted in CAARE Campaigns, CAARE for Sport, CAARE in the News, National Lottery Distribution as an Independent Charita, tagged caare, guardian., lottery, lottery surplus, matt scott, olympics, sport, sport england on February 26, 2008 | Leave a Comment »
An article in today’s Guardian by Matt Scott highlights the £200 million that has been held in reserve by Sport England for over four years. This is despite the fact that the overall surplus balance for all distributors has fallen by £1.2 billion over the same period.
When other distributors are making an effort to reduce their [...]
