Application for Club Funding due to Covid-19.
The Racquetball Association of Ireland(RAI) will apply on behalf of clubs to Sport Ireland(SI) Covid-19 fund for support to clubs. Submissions should include
Factors to determine the amount will be based on
Compensation for lost club membership fees cannot be claimed for.
Closing date for applications is Friday 4th September. Late applications will not be accepted.
Click here for online Form.
The Racquetball Association of Ireland(RAI) will apply on behalf of clubs to Sport Ireland(SI) Covid-19 fund for support to clubs. Submissions should include
- Latest available financial report including a reasonable estimate of financial support required
- Details of actual reductions on income with supporting evidence
- Details of any cost savings on expenditure; details of any income increases arising from increased membership
- Specific details on the staff and payroll implications of COVID 19
- Notes on access to horizontal supports such as the Government wages subsidy scheme, rate holidays
- Details on the levels of current reserves and their actual and potential use during COVID 19
- An estimation of how long core operations could continue under the current circumstances
- Any immediate short-term cash flow or financial commitments that the club may be challenged to meet
- Information on any additional financing from any other source due to COVID 19 such as bank loans
- Declaration on any increase in bad debts arising
- Notes on any projects or programmes that will have to be deferred, postponed or cancelled
- Immediate standard restart costs/overheads (including insurance)
- Costs arising in facilities from the provision and installation of COVID 19 precautions
- Costs arising for adjustment of club facilities to cater for socially distanced sport programming
- Detail of income reduction arising from reduced numbers arising from restricted programmes operation
Factors to determine the amount will be based on
- club activity nationally
- number of members
- number of courts in use
- junior racquetball programmes(coaching & training of underage players)
Compensation for lost club membership fees cannot be claimed for.
Closing date for applications is Friday 4th September. Late applications will not be accepted.
Click here for online Form.