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DOSB Warns €1 Billion From Special Fund Won’t Solve €31 Billion Sports Facility Shortfall

Thomas Weikert warns that without extra resources clubs may face cutbacks when the government finalizes its finance plan on June 24.

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Thomas Weikert fordert mehr Geld für den Sport

Overview

  • The special fund allows Germany to borrow €500 billion outside its debt brake for infrastructure projects.
  • Only €1 billion has been proposed for modernizing and renovating sports facilities from the fund.
  • DOSB president Thomas Weikert calls the allocation “insufficient” against a minimum €31 billion backlog in sports venues.
  • It remains unclear if the €1 billion will be disbursed annually or spread over the four-year legislative period.
  • Weikert cautions that many local clubs could be forced to slash programs and delay upgrades without increased support.