Sunday, July 28, 2013

Report: Govt to approve ban on alcohol sponsorship of sports events

A ban on drinks companies sponsoring sporting events looks set to be approved by the Government.

According to the Sunday Business Post, Ministers have agreed in principle to the ban last week and a memo will be brought to Cabinet after the Summer recess.

There had been divisions between Ministers over the plans, but it is understood they have been settled on condition that sports organisations are compensated for lost revenue.

It is believed new measures, including a special tax on alcohol or exchequer grants, could now be introduced to replace the sponsorship revenue.

Source: http://feeds.breakingnews.ie/~r/bnireland/~3/80j_6pdfpc4/report-govt-to-approve-ban-on-alcohol-sponsorship-of-sports-events-601936.html

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