NEWS UPDATE
Swansea’s 360 Beach and Watersport centre opens
A multi-million pound watersport proj- ect has opened to the public in Swansea Marina, Wales. The project is made up of the new 360 Beach and Watersports Centre operated in partnership by Swansea University and Bay Leisure. Olga, Swansea Council’s historic 1911
Bristol Channel Pilot Cutter, has also been refitted as part of the scheme. Te vessel will provide a classical sailing
experience for schoolchildren and commu- nity groups in future. Te project has been funded by the Welsh Government through the European Regional Development Fund, Visit Wales and the Regeneration Area pro- gramme. Details:
http://lei.sr?a=I2B8R
Football grant scheme launches
Te Football Foundation has launched a new grant scheme that will invest in the devel- opment of new and enhanced local sports facilities across England and Wales. Funded by the Premier
League and delivered by the Football Foundation, The Premier League Community Facility Fund (PLCFF) will invest £18m into new or refur- bished sports facilities over the next three years. It is open to all football club
community-led organisations from the Premier League, Football League, Football Conference, and the Conference’s North and South divisions. Te first facility to benefit from the fund is
Stretford High School in Lancashire, where a new, full-size floodlit third-generation artifi- cial grass pitch has been built with the help of a £350,000 grant.
Te closing ceremony of the 2012 Olympic Games
London 2012 ‘£400m under budget’
Te London 2012 Olympic and Paralympic Games are set to come in under budget, fig- ures from the government’s final quarterly economic report show. Te overall cost of the Games is fore-
cast at £8.921bn, a saving of £377m on the £9.298bn budget. In addition, £103m of contingency is being held to cover the remaining risks in the programme, such as the retrofit of the Olympic Village for legacy use and closing out around 2,000 Olympic Delivery Authority (ODA) and LOCOG contracts. In total, £480m of uncommitted contingency still remains within the budget. Te anticipated final cost (AFC) of the
ODA’s construction and transport pro- gramme is £6.714bn – a decrease of £47m on the previous figure. Savings made by the ODA on its programme have now reached £1.032bn. Additional finance was released to LOCOG from the funding package, including £26m for capital works with leg- acy benefits, £16m for government’s share of the cost of the Paralympic Games, and £14m for Olympic Park venues and infra- structure. Tese costs are all contained within the overall forecast cost of the pro- gramme. Details:
http://lei.sr?a=c8Z9k
Te £18m initiative will offer grants to both existing and new facilities Located less than a mile from Old Trafford
stadium, Te Manchester United Foundation (MUF) is a key partner of the project. MUF will have 10 hours’ free use of the facility each week and will see Kickz community project sessions being delivered at the site by the end of the first year. Details:
http://lei.sr?a=M6K8i
Sebastian Coe named new BOA chair
Lord Sebastian Coe has been named the new chair of the British Olympic Association (BOA). Te former head of the London 2012 Olympic and Paralympic Games was voted to the role by 43 members of the National Olympic Committee. A dou- ble Olympic gold medallist, Lord Coe stood unopposed and will serve a four-year term as BOA chair. He succeeds Lord Colin
Moynihan, who announced in August this year his decision to step down from the posi- tion following seven years of leadership. As chair, Lord Coe will lead the BOA board in mapping out the future direc- tion of the organisation and making certain that Team GB athletes have the resources,
Lord Coe, a former Olympic champion, was elected unopposed as chair
preparation and support they need to continue to excel in the forthcoming Sochi 2014 Olympic Winter Games and Rio 2016 Olympic Games. Details:
http://lei.sr?a=B8g7Q
Castleford Tigers stall on rugby stadium plans
Rugby team Castleford Tigers may be forced to shelve plans for a new stadium and look at redeveloping its current ground. Last year Castleford signed a deal to sell its
ground to a supermarket, which would fund the development of a 13,300 capacity stadium
12 Read Sports Management online
sportsmanagement.co.uk/digital
at out of town entertainment and retail centre, Glasshoughton. However, at a meeting with fans, Castleford
chief executive, Steve Ferres, described the team’s financial situation as “precarious”. Details:
http://lei.sr?a=K1P5u
Issue 4 2012 © cybertrek 2012
Image: Emma Hardy/National Portrait Gallery
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