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Efforts ongoing to pass Sports Fund into law – Government

Patrick Gyasi by Patrick Gyasi
October 30, 2025
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The Government of Ghana says it remains committed to addressing the persistent financial challenges facing national teams and other sporting disciplines through the establishment of a National Sports Fund.

The Sports Fund Bill seeks to create a sustainable pool of resources dedicated to infrastructure, capacity building, and athlete welfare across the country.

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.

“Efforts are still underway to ensure that the Bill is finalized and then it comes to Parliament for consideration,” he told Joy Sports.

“We’ve had concerns about the state of Ghana Sports – Football, Athletics, Boxing and what have you – the state of infrastructure, incentive packages for athletes and other sports people.

“My belief is that this Bill will generate significant resources that enable us to invest in sports in a manner that yields the outcomes we want because we cannot expect to perform at the highest level globally when we are not investing what we should.”

A draft of the proposal, shared by Mr. Kwakye Ofosu on October 10, 2025, outlines 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.

 

Disclaimer: The content provided on Fish FM Online is for informational and entertainment purposes only. While we strive for accuracy, we do not guarantee the completeness, reliability, or timeliness of the information presented. Fish FM Online and its affiliates are not responsible for any errors or omissions, nor for any decisions made based on the content available on our platform.
Tags: FELIX KWAKYE OFOSUMinister for Government CommunicationsSports Fund
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