- My Account
- Logout
- Register
- Login
Funding risk to 2012 medal hopes
Related Articles
20 January 2008
The National Audit Office (NAO) said that plans to raise £100 million from the private sector as part of a seven-year £700 million package of support for elite sport may not materialise because of delays in beginning fund-raising and competing demands for sponsorship.
And the spending watchdog warned that Government and National Lottery funding for sportsmen and women hoping to compete in the 2012 Games must not be spread too thinly if the GB team is to maximise its medal haul.
Following the 2004 Athens Olympics, when the GB scooped nine gold medals, UK Sport adopted a "no compromise" policy of focusing funding on sports and athletes with a real chance of making it to the winner's podium.
But after London was awarded the Games, the agency and the Department for Culture, Media and Sport (DCMS) agreed a broader goal of funding all Olympic and Paralympic disciplines to a level which would allow them to deliver "creditable" performances in 2012.
As a result, some 16 sports are now receiving money from UK Sport for the first time, and only Olympic football and tennis get no cash.
The NAO report noted that a "step change" in performance by athletes would be required if UK Sport and DCMS were to achieve their goal of fourth place for Britain in the Olympic medal table and second in the Paralympic table in 2012.
And it warned that the new goal "may distract UK Sport's focus and funding from its primary goal of winning medals". To reach fourth place, the GB team would probably have to almost double its Athens tally to 17 golds in London.
"In the light of uncertainty about funding levels, UK Sport should avoid distributing too high a proportion of the extra funding to those sports with no medal potential at the Games," said the report.
It warned that elite athletes would face stiff competition for private sponsorship in the run-up to 2012 from other parts of the event, such as arenas and other new facilities.
Top stories in News in brief
News in brief in Pictures
Top stories in News in brief
News in brief in Pictures
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
The Glamour Awards - stars turn on the style
-
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
-
Chelsea have the League’s highest wage bill for eighth year in a row
-
Locked up and banned: The Tube drunk whose vile racist rant was caught on film (video)
-
British housewife facing FIRING SQUAD over Bali drugs smuggling charge was 'neighbour from hell' -
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Video: Intruder bursts into Leveson Inquiry to brand Tony Blair a war criminal
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Shrimpy's - review
London Fields forever: street style from the hippest park