Sports clubs facing financial ruin?
Life's often about perspective, how things look from where you stand. So here's a bit of a classic: The Central Council for Physical Recreation (CCPR) has warned that community sports clubs are facing potential disaster as a result of the recession.
A survey carried out for the umbrella organisation that lobbies on behalf of 290 sports and leisure governing bodies in Britain is predicting that 6,000 clubs could go out of business.
The statistically significant survey of 160 clubs found that half those asked said the recession had already had a negative effect on them. Almost 40% said membership renewals were down, a majority said they expected commercial revenues to fall, and a quarter said they'd be spending less on coaching and grassroots initiatives.