The Treasury on Twitter would then declare that there was “£300m to back clubs and governing bodies across a wide range of sports in England”.
Culture Secretary Oliver Dowden said on Twitter that the £300m fund would “help spectator sports such as cricket, tennis and horse racing”.
Here is a look in closer detail at the support that has been confirmed.
Why has this announcement been made?
News of this fresh funding to help sporting institutions dealing with the impact of the coronavirus pandemic comes after the Government last week set out its ‘road map’ for the easing of lockdown restrictions.
That included spectators not being able to return to sporting venues in England until May 17 at the earliest.
The funding adds to a £300m ‘winter survival package’ announced by the Government in November last year.
Which sports will benefit?
The Treasury on Wednesday said the money was to “back clubs and governing bodies across a wide range of sports in England”, and Culture Secretary Oliver Dowden said it would help “spectator sports such as cricket, tennis and horse racing”.
Ahead of the announcement, it had been expected that cricket would receive a significant slice of the package.
England captain Joe Root said on Wednesday: “If it’s going to benefit the game all the way down that’s fantastic.
“It’s really important we all do everything we can to look after the game from top to bottom.
“It does take money to do that. The fact the game is being looked after is a really positive thing and it’s great to hear that.”
What other detail is there?
Sunak on Wednesday spoke of the Government’s support for a potential joint bid from England, Scotland, Wales, Northern Ireland and the Republic of Ireland to host football’s 2030 World Cup, with sport minister Nigel Huddleston saying £2.8m was being put towards it.
That was after Prime Minister Boris Johnson earlier this week voiced his backing, saying it was the “right time” to “bring football home”.
There is also £1.2m for the England-hosted Women’s European Championship, set to take place in 2022, and Huddleston said the package included £25m for grassroots football facilities as well.
What happens now?
Sport England is contacting national governing bodies to understand the impact of the pandemic, and further detail on how the money will be distributed, how organisations can apply and time frames are set to be announced in the coming weeks.
The public body said it anticipated the package will be predominantly made up of loans, with grants only being considered by exception.
Who has the final say on the allocation of the funding?
An independent board, supported by Sport England, will make the final awards, as was the case for the winter package.
Eligible organisations will be invited to apply and considered by the independent board on a staggered basis, based upon the urgency of financial need, Sport England said.
It is hoped the first decisions will be made in April, with organisations receiving funding shortly thereafter.