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
-
Photos: Ghana Police Service honours 20 officers who died in line of duty in 2025
4 minutes -
Daily Insight for CEOs: The CEO’s Role in Driving Sales Growth and Revenue Performance
9 minutes -
Boko Haram and the reported Quest for Peace: Tactical Deception or Emerging Reality?
32 minutes -
Savannah College of Education withdraws students over persistent non-participation
46 minutes -
Gov’t to roll out emergency bus support on major Accra routes to ease peak-hour woes
47 minutes -
Swim Team departs for Luanda ahead of 2025 African Youth Games
50 minutes -
Ghana Police Service honours 20 officers who died in line of duty in 2025
51 minutes -
Eastern and Volta Regions shine at 2025 GBSA Goalball National Championships
1 hour -
Santasi community calls on Ghana Water company over persistent water shortage
1 hour -
Dr Tony Aidoo laments rising indiscipline in Ghana’s Parliament
1 hour -
Opposition watch: England to face Uruguay, Japan in pre World Cup friendlies
1 hour -
Court sets January 4 to rule on Adu Boahen disclosure review
1 hour -
Former Bogoso-Prestea mine workers picket lands ministry, demand long-overdue payments and new management
1 hour -
Sami Bentil’s art goes on show at PeakArt Gallery
1 hour -
Cultural Oneness Festival to thrill the North this December
1 hour
