Uncategorized

Elite athletes off the hook as sports budget slashed

UK Sport – the government agency responsible for the distribution of National Lottery funding to elite athletes – has seen its budget from 2011-15 cut by 28 per cent – marginally more favourable than the projected 30 per cent.
But today’s government Comprehensive Spending Review announced that the proportion of National Lottery funding going to sport would inrease to 60%, and together with a projected increase in sponsorship in the lead up to London 2012 this means no cuts to elite athlete funding. This has been confirmed by UK Sport chief executive Liz Nicholl

UK Sport – the government agency responsible for the distribution of National Lottery funding to elite athletes – has seen its budget from 2011-15 cut by 28 per cent – marginally more favourable than the projected 30 per cent.
But today’s government Comprehensive Spending Review announced that the proportion of National Lottery funding going to sport would inrease to 60%, and together with a projected increase in sponsorship in the lead up to London 2012 this means no cuts to elite athlete funding. This has been confirmed by UK Sport chief executive Liz Nicholl
“This settlement represents a positive outcome in difficult times,” said Nicholl.
“While tough, it recognises that the funding and support we give to Olympic and Paralympic sport is a crucial element of the nation’s London 2012 ambition.
“Ministers have been clear throughout the process that they see the continued support of sports and athletes through to London 2012 as a priority, and this reduction will not have any significant impact on our goals.
“The settlement means that, combined with the proposed changes in National Lottery distribution and the future income projected as a result, we believe we have the resources we need to fund athletes and support services through to 2012, should sports continue to justify that funding on performance grounds.”
British Olympic Association chairman Lord Colin Moynihan welcomed the news that the £9.3bn Olympic budget, as well as elite athlete funding, would not be affected.
“In this difficult economic climate we welcome the Government’s continued support for the key elements of the London 2012 Olympic Games programme,” he said.
“In particular, we strongly support the safeguarding of funding to the National Governing Bodies of Olympic sports and elite athletes through a combination of Exchequer and lottery funding. This funding is critical to the success of Team GB at London 2012.
“It will ensure athletes from across the UK are able to perform to the best of their ability and in doing so, inspire future generations of sport participants and act as a catalyst for national pride and unity.
“The BOA recognises that it is important now more than ever, for all stakeholders in sport to utilise resources in the most cost-effective way and we will continue to work with partners to deliver services to sports and athletes as efficiently as possible.”
At present, the Department of Culture, Media and Sport, which has seen its budget slashed to £1.1bn, gives £55m to UK Sport which in total delivers £90m of public money to its elite Olympic athletes every year in the build-up to London 2012 with the extra £35m coming from private sponsorship and National Lottery funding.

Tagged