Glasgow’s status as one of the world’s leading sporting cities as underlined in a major new independent research paper to be published Wednesday, has boosted Glasgow’s bid for the 2018 Youth Olympic Games.
In a landmark report commissioned by Glasgow City Council, Glasgow Life, and sportscotland, research consultants Axiom found that sport is one of the most significant drivers of Glasgow’s economy, helping create and sustain employment in the city and contributing to health and community development.
The Sport Sector in Glasgow report revealed that in 2010 sport was estimated as contributing 367.91 million pounds Gross Value Added (GVA) to the Glasgow economy.
According to Glasgow 2018, the report reveals that sport plays a more important role in the Glasgow economy compared to its comparative contribution at a national level – being a larger employer in Glasgow and making a proportionately higher contribution to the city economy at a national level.
In 2010 an estimated 9,770 people were employed in the sport sector – 3.8 per cent of the total employed in the city at that time.
Since 1995 Glasgow City Council has spent over 300 million pounds building new and upgrading existing sports facilities including the Emirates Arena (113 million pounds), Tollcross International Swimming Centre (13.8 million pounds) and Scotstoun Stadium (18 million pounds), enabling Glasgow to win global recognition as one of the top 10 sporting cities in the world.