UK sports bodies invested a record £213.2m of broadcast revenues over the last year to grow their sport and support grassroots delivery. This represents a new record amount and an increase of £15.3m compared to the previous compliance period.
The commitment forms part of the Voluntary Code of Conduct on the Broadcasting of Major Sporting Events, which is administered and supported by the Sport and Recreation Alliance. The Code requires signatories to put a minimum of 30% of net broadcasting revenues back into their respective sports and to make their events available to free-to-air broadcasters in live, recorded or highlights format so they can be viewed by as many people as possible.