Sources of Sports Development Fund revealed

By Emmanuel Austin Baah On Oct 10, 2025

The government of Ghana has outlined the primary sources for the newly introduced Sports Development Fund.

According to the Spokesperson to the President of the Republic of Ghana, Felix Kwakye Ofosu, a proposed Bill was sent to Cabinet and approved for the establishment of a Sports Development Fund.

Following the establishment of the Sports Development Fund, the government has also revealed the sources for the initiative.

The sources include:

a) Allocations approved by Parliament

b) Proceeds from special sports lotteries

c) Grants/Gifts /Donations/ Sponsorship and other voluntary contributions

d) Percentage of revenue or tax from Sports Betting Companies

e) Percentage of gate proceeds from sport activities

f) Percentage of proceeds from transfer of athletes in Ghana and of Ghanaian Athletes abroad

g) Percentage of proceeds from sponsorships of sporting activities

h) Percentage of support from international federations for local federations

i) Percentage of financial gains of national athletes and Ghanaian athletes

j) Percentage of proceeds accruing from competitions and tournaments

k) Percentage of proceeds accruing from certification of athletes, Sport federations, sport professionals, sporting clubs, sport equipment, and other sport logistics

l) Percentage of taxes and import duties of commercial sport vendors

m) Proceeds accruing from investments of the fund

n) Any monies or properties that may in any manner become lawful, payable and vested in the board of trustees for the fund

Author

Emmanuel Austin Baah

My name is Emmanuel Austin Baah, professionally known as “Okocha”. I am a seasoned Ghanaian journalist, broadcaster and football commentator from Senya Bereku in the Central Region. My work reflects a strong commitment to factual reporting, ethical journalism and the continuous promotion of Ghanaian sports.

I am currently pursuing my studies at Cape Coast Technical University, building on a solid foundation of media practice and communication. I previously served as a sports producer at Radio Gold (90.5) and Montie FM (100.1) in Accra, where I was actively involved in editorial planning, programme production, live commentary and in-depth sports analysis.

Presently, I am a Senior Writer at SportsNetGhana.com, a role in which I produce well-researched features, match reports, athlete profiles and analytical pieces. My work consistently highlights emerging talents, captures key sporting developments and contributes to shaping informed sports discourse in Ghana.

Over the course of my career, I have covered numerous major sporting events both locally and internationally. Among these, the highlight remains my coverage of the 2014 FIFA World Cup, a significant milestone that strengthened my expertise in global football reporting and enhanced my understanding of international sports dynamics.

I am widely recognised for my clarity of analysis, engaging commentary style and strong command of both local and global football trends. Beyond the newsroom, I participate in community initiatives aimed at developing young sports journalists and promoting youth engagement in sports.

For professional engagements, media collaborations or enquiries, please contact me on 0265284330.

View all posts