Audio By Carbonatix
International Sports Consultant Magnus Rex Danquah has warned that placing the Sports Fund under the Ministry of Sports and Recreation could lead to its collapse.
The Sports Fund Bill seeks to create a sustainable pool of resources for infrastructure, capacity building, and athlete welfare nationwide.
But Rex Danquah insists the initiative will struggle to succeed if it becomes entangled in politics.
"It has been an issue for years and it never got done because of the 'how do you manage it' [discussion]," he told JoySports.
"If you manage it under the Ministry [of Sports and Recreation], you will fail. It has to be independent. Sometimes, politics goes into decisions."
Meanwhile, According to the Minister for Government Communications, Felix Kwakye Ofosu, work is still ongoing to finalise the proposed Sports Fund Bill, which will then be laid before Parliament for consideration.
A draft of the proposal, shared by Mr. Kwakye Ofosu on October 10, 2025, outlined 14 potential funding sources, including Parliamentary allocations, sports lotteries, sponsorships, grants, and taxes from sports betting companies.
Other inflows will come from gate proceeds, athlete transfer fees (locally and abroad), sponsorship deals, international federation support, and a percentage of revenues from competitions and commercial sports vendors.
Latest Stories
-
Government to roll out Free Primary Healthcare in the first week of April
2 hours -
The price of inaction: Why we must invest now to end FGM in West, Central Africa
3 hours -
Mahama recalls High Commissioner to Nigeria Baba Jamal over vote-buying allegations
4 hours -
VALCO not for sale; government pursuing strategic partnership to revive smelter – GIADEC CEO
4 hours -
GIADEC boss warns of job losses as government turns to partnerships to save VALCO
4 hours -
Baba Jamal expresses gratitude, calls for unity after securing Ayawaso East NDC slot
5 hours -
Ayawaso East Primary: TV “gifts” not meant to influence votes – Baba Jamal
6 hours -
Ayawaso East: I’ve been giving gifts this week – Baba Jamal admits giving out TV sets
6 hours -
Baba Jamal wins NDC Ayawaso East Primaries
7 hours -
NDC Ayawaso East primary: Baba Jamal expresses confidence after voting
7 hours -
Mahama approves operating licence for UMaT mining initiative
7 hours -
NDC condemns vote-buying in Ayawaso East primaries, launches investigation
7 hours -
Ayawaso East NDC primary: Sorting and counting underway after voting ends
8 hours -
Africa must build its own table, not remain on the menu — Ace Anan Ankomah
8 hours -
US wants Russia and Ukraine to end war by June, says Zelensky
8 hours
