Glasgow will host the 2026 Commonwealth Games after agreement was reached on a funding plan for the event.

A deal has been agreed for the city to hold the Games after Commonwealth Games Australia offered a multi-million pound investment to ease fear about financial risks involved in putting on the multi-sport event.

Glasgow will host what has been described as a “scaled-down” Games, with fewer sports than previous years and using existing facilities.

The Australian state of Victoria was originally named as hosts but pulled out last year, citing rising costs as their reason for withdrawing.

Victoria paid 100 million pounds to the Commonwealth Games Federation (CGF) in compensation, with those funds promised to Glasgow if they could take on the responsibility of hosting.

The proposal has Glasgow using existing venues to keep costs down, and is expected to feature ten sports, down from the 18 different disciplines in 2014.