O’Connor: Sport needs private sector investment

The Federation of Irish Sport has called on sporting organisations to seek private sector investment in the wake of continued cuts to Government funding.

With State investment down almost 30% since 2008, the head of the federation has appealed to Irish sporting bodies to diversify their income sources in reducing dependence on Government monies.

In the federation’s annual review published today, chief executive Sarah O’Connor says the Government must also follow through on a commitment to establish a relief scheme to stimulate private sector investment in sport.