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Sports Ministry should not manage Sports Fund – Magnus Rex Danquah

International Sports Consultant Magnus Rex Danquah
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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.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.