Ó Domhnaill Highlights importance of Sport in Seanad

During a debate in the Seanad this week on Sport, Donegal Senator Brian Ó Domhnaill highlighted the need for the Government to continue to invest in Sport.

Speaking in the Seanad Ó Domhnaill said; “The State has spent over €1.3Billion on Sport since 1997 with 50% of this funding been allocated in Sports Capital Funding as  part of the Sports Capital Programme to more that 7,400 Sports Projects. In addition almost €150m has been allocated under the Local Authority Swimming Pool Programme, and I’m particularly pleased that some €3.8m was allocated recently to the Finn Valley Swimming Pool Project under this Programme.”

“The Health benefits of Sport and physical activity cannot be underestimated and I believe the Government must take this into account when deliberating on Sports Investment.”

Sports Capital Programme

 

“The SCP is currently closed to new applications, however I firmly believe that the Government should re-open the scheme on a targeted basis, using the information of the National Facilities Audit conducted by Local Sports Partnerships to provide a policy direction on the targeted funding of new applications.”

Economic Benefits of Investing in Sport

 

“The recently published Indecon report entitled Assessment of Economic Impact of Sport in Ireland set out a number of key indicators including;

  1. On a total state investment in 2008 of €618.3 million, the Exchequer received €922.7 million in taxes generated by the sports sector.
  2. For every €100 investment by the Government, it received €149 in sports related taxes.
  3. More than 38,000 people are employed in the sports sector, 2% of the total national workforce.
  4. This professional workforce complements the contribution of the 270,000 volunteers whose contribution in economic terms is between €322 and €582 million annually.
  5. Irish households spent a total €1,886 million on sport and sport related goods in 2008, equivalent to 2% of the overall value of consumer spending in the Irish economy.
  6. Sport related spending contributes €1,830 million to the Irish economy value-added, equivalent to 1.4% of economy wide-GDP.(Taken from the Indecon Report entitled Assessment of Economic Impact of Sport in Ireland submitted to the Irish Sports Council November 2010)

 

“Therefore State investment in Sport make very sound economic sense and in this context I would appeal to the Government to bear this in mind in the lead up to the Budget 2012.”

Posted: Oct 5, 2011     |     Categories: Uncategorized