UK Sport to review funding strategy

Published: Wednesday 29th October 2014 by The News Editor

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UK Sport, the Government body which funds top-level sport in Britain, has announced a consultation and review of its funding strategy after the Rio Olympics.

The findings of the consultation, open until December 10, will be presented to the UK Sport board in February, ahead of the 2017-2021 investment principles being finalised and agreed with the Government over the spring of 2015.

Much of Britain’s recent Olympic and Paralympic success has been attributed to UK Sport’s targeted approach.

But by awarding more funding to the sports most likely to achieve success, others have had to suffer cuts – including basketball, synchronised swimming and water polo – which have effectively ended their hopes of reaching the 2016 Games.

UK Sport chief executive Liz Nicholl in a BBC interview on Tuesday announced the review, which was confirmed by her organisation on Wednesday.

A strategic review is something UK Sport conducts every four years, but, with emotions high after post-London 2012 funding cuts, interest has been heightened.

“Other nations are looking at the UK high performance system, trying to understand how we have achieved such success and how they might replicate it,” Nicholl said.

“If we are to remain one step ahead of our closest rivals, we must continue to evolve.

“We have proven that we know how to deliver world-class success but we also know we can do more to build a stronger, more sustainable high-performance system.

“We are committed to building on this success, and driving the greatest possible impact from those medal winning moments.

“UK Sport invests public funding, from The National Lottery and the Exchequer, and so it is right for us to consult on the extent to which the nation values Olympic and Paralympic medal success, and what other factors might inform our future investment strategy.

“There will always be the challenge of managing finite resources and prioritisation to focus on the most valued outcomes.

“We are hoping that the consultation will enable the UK Sport board to develop a range of options for discussion with Government.”

Published: Wednesday 29th October 2014 by The News Editor

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