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
-
Warner Bros $111bn sale to Paramount approved by US Justice Department
31 minutes -
Karpowership Ghana plants 1,000 trees in Western Region as Forestry Commission urges protection of seedlings
42 minutes -
‘We want to make Ghana proud’ – Jordan Ayew
44 minutes -
Photos: Black Stars arrive in Providence for final phase of World Cup preparations
1 hour -
Deal to end fighting would lead to Hormuz reopening, Iran says
2 hours -
Bellingham, but no Guehi – England’s expected team
3 hours -
What you need to know as millions of SpaceX shares go up for sale
3 hours -
Ghana to seek review of Canada’s visa decision on Thomas Partey
4 hours -
KGL Foundation renovates Accra Psychiatric Hospital OPD
4 hours -
Zoomlion, NADMO deploy officers across Greater Accra to sustain anti-flood campaign
5 hours -
AG challenges Appiah-Kubi’s bid to withdraw from Wontumi case
5 hours -
The studio and one-bedroom advantage: Why smaller units are outperforming villas in Accra in 2026
5 hours -
How to buy off-plan in Accra without losing your money: A diaspora due diligence guide for 2026
5 hours -
Immigration law that may have kept Partey out of Canada, as England clash looms
6 hours -
NPP Sweden Chair declares bid for national first vice chairman position
6 hours