Tuesday, November 29, 2022

Great Britain’s swimmers receive a huge £1.5m increase in funding for the 2024 Paris Olympic Games

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Great Britain’s swimmers receive a huge £1.5m increase in funding for the 2024 Paris Olympic Games after their document breaking efficiency in Tokyo

  • Swimming has obtained a huge £1.5million increase in funding for Paris 2024 
  • Team GB collected a whole of eight medals in the pool at the Olympics in Tokyo
  • The tally surpassed their earlier greatest haul of seven at the London 1908 Games 
  • Swimming’s funding for 2021 to 2025 as now elevated from £16.6m to £18.1m
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The document medal success of Great Britain’s swimmers at Tokyo 2020 has seen the sport receive a huge £1.5million increase in funding for Paris 2024.

Team GB, led by Adam Peaty, collected eight medals in the pool at the Olympics in the summer time – surpassing their earlier greatest haul of seven at London 1908.

That has resulted in them being the huge winners in UK Sport’s revised price range for the subsequent Games in Paris, with their funding for 2021 to 2025 growing from £16.6m to £18.1m.

The document medal success of Great Britain’s swimmers at Tokyo 2020 has seen the sport receive a huge £1.5million increase in funding for Paris 2024

UK Sport – the elite sport funding company – yesterday introduced an additional £11.2m to be divided between sports activities following an increase in Government funding.

Cycling, in which Team GB gained 12 medals throughout all disciplines, has obtained a £1.1million increase in funds. Even rowing, regardless of simply profitable two medals in Tokyo, has been given an additional £240,000.

However, athletics, in which Team GB didn’t convey an gold medal for the first time since Atlanta 1996, and badminton, are the solely two of 18 funded Olympic sports activities to not receive an uplift.

Team GB, led by Adam Peaty, collected eight medals in the pool at the Olympics in the summer – surpassing their previous best haul of seven at London 1908

Team GB, led by Adam Peaty, collected eight medals in the pool at the Olympics in the summer time – surpassing their earlier greatest haul of seven at London 1908

That has resulted in them being the big winners in UK Sport’s revised budget for the next Games in Paris, with their funding for 2021 to 2025 increasing from £16.6m to £18.1m

That has resulted in them being the huge winners in UK Sport’s revised price range for the subsequent Games in Paris, with their funding for 2021 to 2025 growing from £16.6m to £18.1m

Of the Paralympics sports activities, wheelchair rugby’s funding has elevated by £300,000 after their well-known gold medal in Tokyo.

UK Sport chief government Sally Munday mentioned: ‘To now be in a position to strengthen our investment across so many sports for Paris will undoubtedly help us in our ambition to reach, inspire and unite the nation.’

British Swimming chief government Jack Buckner added: ‘British Swimming is pleased to have received an uplift in funding across swimming, para-swimming and diving for the next two-and-a-half years into Paris 2024.

Of the Paralympics sports, wheelchair rugby’s funding has elevated by £300,000 after their well-known gold medal in the Tokyo Paralympic Games

Of the Paralympics sports activities, wheelchair rugby’s funding has elevated by £300,000 after their well-known gold medal in the Tokyo Paralympic Games

‘Our disciplines enjoyed a memorable Olympic and Paralympic summer in Tokyo, including a historic set of results from our swimmers.

‘The valuable Government and National Lottery funding will also help us offer more places for athletes on world-class programmes.

‘We are hugely excited for the future of British Swimming across our disciplines, and this helps give our athletes, coaches and staff the platform to continue making big impacts, in and out of the pool.’

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