In April, CGS unveiled an ambitious plan for the 2026 Commonwealth Games that stands apart from previous events due to its financial model. Unlike traditional approaches, this concept is not reliant on public funding from the Scottish or UK governments. Instead, the Games will be primarily financed through private income, including a £100 million (€118 million/$131 million) compensation fund secured by the Commonwealth Games Federation (CGF) from the Victorian Government after their withdrawal as hosts in July 2023.

This unique funding structure covers the majority of the costs without burdening taxpayers. Substantial investments will also be made in Glasgow’s public sporting facilities, such as Tollcross and Scotstoun, ensuring these venues remain at the forefront of international sport.

Economic benefits and sustainable growth

The Glasgow 2026 Commonwealth Games are expected to bring significant economic benefits to the city and Scotland as a whole. With over 500,000 tickets anticipated to be sold, the Games could add more than £150 million (€178 million/$196 million) to the regional economy. This influx of investment is particularly noteworthy, considering the broader £1.89 billion (€2.24 billion/$248 million) in capital investment Scotland witnessed during 2023-24. The Games alone will contribute over 5% of that figure.

Moreover, the Games are set to create numerous jobs through a Scotland-focused procurement strategy, offering operational and event-based contracts to local suppliers. The hospitality sector in Glasgow is also poised for a boost, with full hotel occupancy expected during the summer of 2026, alongside bustling bars and restaurants filled with international visitors.

The Games’ budget, estimated at approximately £114 million (€135 million/$149 million), has been meticulously crafted by experienced event budgeting professionals to ensure cost-effectiveness. With a 24% budget contingency built in, there is flexibility to adjust service levels if needed. Additionally, the streamlined programme of 10 sports across four venues within an eight-mile radius significantly reduces transportation, hire, and security costs, further enhancing the event's sustainability.

Leadership and vision

Ian Reid CBE, Chair of Commonwealth Games Scotland, emphasised the critical nature of this opportunity for Glasgow and Scotland. "The Games will undoubtedly look and feel different from the historic events of 10 years ago. However, the circumstances facing us are remarkably different. The 2026 Games hang in the balance, and the UK finances are facing tough decisions. But the Games present a real opportunity for Glasgow and Scotland, giving us the chance to bring wide-ranging benefits to the country and public purse."

Reid’s comments highlight the importance of seizing this moment, particularly given the significant financial support available. "Scotland has been offered £100m+ of the Victorian Government’s money to secure the future of the Commonwealth Games. That is £100m+ of inward investment at a time when critical works are needed in the city. That investment alone would account for 5% of the overall inward investment into Scotland over the past year."

Reid also noted the potential consequences of not hosting the Games. "Should we choose not to step up and host, the future of high-performance sport in Scotland will be under serious threat." He cited the success of Scottish athletes at the Paris 2024 Olympic Games, many of whom had previously competed in the Commonwealth Games, as a testament to the importance of the event for Scotland’s sporting future.

Endorsement and final call to action

Chris Jenkins OBE, President of the Commonwealth Games Federation, also expressed strong support for CGS’s proposal. "We fully endorse Commonwealth Games Scotland’s innovative concept for the 2026 Commonwealth Games and believe that Scotland, with its significant experience in organising major sports events, is more than able to deliver a world-class event in such a short period of time."

Jenkins praised the sustainable and flexible model proposed by CGS, which leverages existing infrastructure and builds on the legacy of the successful Glasgow 2014 Games. He suggested that this approach could set a new standard for future Commonwealth Games, offering a model that minimises costs while maximising impact.

As the deadline for a decision approaches, the urgency of the situation is clear. Reid called on the Scottish Government to act swiftly. "A decision over the coming weeks is critical to deliver the Games. We believe the concept is a no-brainer. This is a unique opportunity for the people of Glasgow and Scotland to be at the centre of a bold vision for the Games, and we are calling on the Government to not waste the unique opportunity which is in front of us."