The Daily Telegraph

Blair closes foundation after drop in funding

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Tony Blair is closing his sports foundation after 10 years, following a significan­t drop in donations.

The former prime minister, who set up the body after leaving Downing Street, said it had “reached the end of its natural life” and his focus was now on his new non-profit institute on globalisat­ion.

The charity’s latest accounts show that its income dropped from £203,972 in 2015 to £82,471 last year, which a spokesman said was “because it was anticipate­d it would be wound down” after 10 years. Funding had largely come from Mr Blair, who has donated £700,000 since 2007.

It has trained 6,132 sports coaches.

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