HK scheme to axe funding for regional matches, focus on ‘world-level’ events

Hong Kong’s major sports events funding scheme will no longer support regional competitions, focusing only on “world-level” events in a bid to boost tourism and the economy, the government has said.

The men's match between the Hong Kong and Japan of the Hong Kong Sevens rugby games is held on March 29, 2025, in the Kai Tak Stadium. Photo: Kyle Lam/HKFP.
A match between Hong Kong and Japan on March 29, 2025, at the Rugby Sevens, an event subsidised by the “M” Mark System. Photo: Kyle Lam/HKFP.

The government announced on Sunday that it was introducing new vetting criteria for its “M” Mark System, a funding scheme for major sports events in the city.

The new guidelines explicitly state that events at the “Asia level” will not be eligible. It is now mandatory that events be “world-level,” for example, world championships, world tours, or intercontinental championships.

In a statement, authorities said the changes were aimed at enhancing “the efficiency and effectiveness of government funding.”

The scheme will remain a dollar-to-dollar matching grant with a maximum amount of HK$15 million per event. But the new guidelines add that the dollar-to-dollar basis is “based on the quality of the proposals,” with “no guarantee” that approved events will receive a matching fund of HK$15 million.

A test football match held at Kai Tak Stadium on February 4, 2025. Photo: GovHK. A test football match held at Kai Tak Stadium on February 4, 2025. Photo: GovHK.
A test football match held at Kai Tak Stadium on February 4, 2025. Photo: GovHK.

The funding amount will depend on factors including economic and tourism impact, media coverage, and the significance of the event.

The new scheme, however, offers more support for events taking place in private venues instead of the government’s Leisure and Cultural Services Department (LCSD) facilities or the Hong Kong Stadium. The ceiling has been increased from HK$1 million to HK$3 million.

Messi no-show

Founded in 2004, the “M” Mark System aims to attract more major sports events to Hong Kong. The scheme gives local athletes a chance to compete on home ground, as well as Hongkongers the opportunity to enjoy “top level performance sports” and “to cultivate a sporting culture,” according to the government.

Local media reported that the recent revamp was partly triggered by Lionel Messi’s no-show in February last year. The Argentine star and his American football club Inter Miami came to the city for a friendly match against a local team – but he did not play due to a purported injury.

lionel messilionel messi
Argentine footballer Lionel Messi. File photo: Jared Polin/Flickr. Credit: Stephen Eckert

Tens of thousands of fans were left disappointed, and the Consumer Council received over 1,465 complaints by the following month.

Tatler Asia, the match organiser, had obtained HK$15 million for the event and HK$1 million in a venue hiring grant through the “M” Mark System.

After the no-show, the organiser said it would withdraw its bid for the government grant.

Asked on Sunday if the exclusion of regional events from the scheme would affect sports development in Hong Kong, Secretary for Culture, Sports and Tourism Rosanna Law said she did not share this concern.

“The LCSD and the Culture, Sports and Tourism Bureau offer other types of support, such as in venue hiring and [through the] Arts and Sport Development Fund,” Law said in Cantonese.

According to a calendar on the “M” Mark website, 18 events receiving funding under the scheme have been scheduled this year, including the Standard Chartered Hong Kong Marathon in February, the Rugby Sevens in March, and the Liverpool vs AC Milan match last month.

Support HKFP  |  Policies & Ethics  |  Error/typo?  |  Contact Us  |  Newsletter  | Transparency & Annual Report | Apps

Safeguard press freedom; keep HKFP free for all readers by supporting our team

hkfp payment methodshkfp payment methods
YouTube videoYouTube video

YouTube videoYouTube video

Source link

Visited 1 times, 1 visit(s) today

Related Article

Official: Piccoli sold to Fiorentina by Cagliari

Official: Piccoli sold to Fiorentina by Cagliari

Roberto Piccoli has officially completed his transfer from Cagliari to Fiorentina, reported to be worth €25m plus add-ons, and chosen to wear the Number 91 jersey. The striker arrived this morning to undergo his medical tests and put pen to paper on the five-year contract. Advertisement He will be presented to the media in a

Article image:De Bruyne reveals he involved his kids in decision to join Napoli

De Bruyne reveals he involved his kids in decision to join Napoli

Kevin De Bruyne reveals he involved his kids in the decision to join Napoli after the end of his contract with Manchester City: ‘It’s an important stage of their growth.’ Napoli star De Bruyne reveals he asked for his kids’ opinion about a move to Napoli this summer. The Belgian star moved to the Stadio

Bournemouth vs Wolves highlights

Newcastle transfer news: Wolves reject Jorgen Strand Larsen bid | Football News

Wolves have rejected a £50m bid from Newcastle for Jorgen Strand Larsen. Wolves’ position is that he is not for sale in this window. They believe he is too important and the lack of time left in the window is not enough to find a Premier League-ready replacement. Wolves exercised their option to buy Strand

Virgil van Dijk at the FA Community Shield.

Newcastle vs. Liverpool odds, picks

Gambling content 21+. The New York Post may receive an affiliate commission if you sign up through our links. Read our editorial standards for more information. The atmosphere at St. James’ Park is always raucous, but it reaches a new level Monday afternoon when Newcastle hosts Liverpool. Not only are these clubs expected to battle

Manchester United must stick with Bruno Fernandes as their captain despite his poor Sunday

My Premier League weekend: Why Bruno Fernandes must keep the Man United captaincy, plus what insiders are telling me at Nottingham Forest and Fulham, writes IAN LADYMAN

Much noise around Bruno Fernandes and his suitability as Manchester United captain, some of it led by my colleague Oliver Holt. ‘Excellent player, never a leader in a million years,’ said the Daily Mail’s Chief Sports Writer on X. It’s a commonly held opinion. I mean, do United and their supporters really want a skipper