Sport Ireland announces €15m funding as IABA takes hit

Sport Ireland today announced €15 million in funding for National Governing Bodies of Sport.

A number of criteria have been identified as key priorities for 2023 - diversity and inclusion, improved governance and greater gender balance.

NGBs are required to achieve a minimum of 40% female representation on their boards by the end of 2023.

A 15% reduction in the IABA's core funding for 2022 has been implemented.

Paul McDermott, Director of High Performance & National Governing Bodies with Sport Ireland said there is ongoing dialogue with IABA and that proposals from them on governance reforms were expected in the coming weeks.

On 11 July, Minister for State Jack Chambers confirmed that all State funding for boxing would be cut - with the exception of money earmarked for athletes in the High Performance Unit - after IABA members voted overwhelmingly to reject proposed governance reforms at their EGM in Roscommon.