Item 7 - London Youth Games (L12/18)

Summary    

The attached briefing from the London Youth Games (LYG) Foundation provides Leaders with an update on:

-    The finances of LYG, including efforts to replace funding from the previous sponsor of the Games, Balfour Beatty;
-    Changes to the governance of LYG, so that it complies with Sport England’s new Code of Governance. The briefing suggests new ways to keep boroughs informed about the Games, including a formal annual report to Leaders.

The briefing also canvasses the potential for individual boroughs to fund the London Youth Games at the current level of £7,000 per borough per year in 2018/19 and 2019/20. The subscription rate will be formally set at the LYG Annual General Meeting (AGM) on 5 December 2018. 

LYG plan to write to all Leaders setting out this information formally.