- Loans scrutinised by public accounts committee
- ‘Gap in oversight’ over £123.8m paid to rugby teams
There remains a “high degree of uncertainty” over whether tens of millions of pounds paid to rugby union clubs and other sports teams during the Covid-19 pandemic will ever be repaid, the House of Commons’ public accounts committee has warned.
In a report published on Wednesday, the committee also criticised the Department for Culture, Media and Sport for being “overly optimistic” in believing it will recover most of the £474m it paid out to 120 organisations in the sport and culture sectors to help them survive the impact of the pandemic.
Loans scrutinised by public accounts committee‘Gap in oversight’ over £123.8m paid to rugby teamsThere remains a “high degree of uncertainty” over whether tens of millions of pounds paid to rugby union clubs and other sports teams during the Covid-19 pandemic will ever be repaid, the House of Commons’ public accounts committee has warned.In a report published on Wednesday, the committee also criticised the Department for Culture, Media and Sport for being “overly optimistic” in believing it will recover most of the £474m it paid out to 120 organisations in the sport and culture sectors to help them survive the impact of the pandemic. Continue reading…