Responding to a recent DCF survey some 80% of clubs highlighted the financial impact as one of their main concerns. For many clubs the approach to the season can be quite costly with, insurance, balls, kit and machinery repairs to be paid for following a period of limited income. In contrast the start of the season will usually provide a welcome boost with revenue coming in through membership subscriptions, match fees and social activity. Unfortunately, this additional period of inactivity will result in lost revenue and unexpected challenges for the game.
To assist clubs, leagues and other organisations at this difficult time DCF has put a document together which summarises the support available, it is split into three area which are as follows:
At 11am on 17th April the ECB launched their Emergency Funding Support programmes. The ECB has been working to minimise the impact of this unprecedented situation and has put together a package of support to help the game at all levels. Included in this is an extra budget of £20million to the recreational game.
Cricket clubs and leagues are now able to apply to two new funding schemes specifically designed to help them through the ongoing coronavirus pandemic. The following are the areas of support from ECB and are now live:
The ECB Emergency Loan Scheme aims to support affiliated Cricket Clubs by providing interest free loans to assist clubs to cover any shortfall in essential day to day running and maintenance costs until normal recreational cricket activity can be resumed. Clubs will not be required to start paying back any loan until May 2021.
The Return to Cricket Grant Scheme aims to provide cricket clubs and leagues with assistance in exceptional circumstances, where other potential sources of financial support are not available, e.g. constitutionally a loan is not an option or there is a high risk of default in paying back a loan.
Hopefully this information will be helpful however if you are aware of anything that we haven’t covered please let us know at email@example.com
We have a range of forms available to be filled in around a range of topics so that we can answer any questions that you may have or share best practice among clubs:
Club Fundraising and Member Engagement Ideas – Click Here
Covid-19 Financial Support – Click Here