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Home Cycling

Paris 2024: UK Sport will invest £352m in British sports for 2024 Olympics and Paralympics

December 18, 2020
in Cycling
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Skateboarding has received over £1.6m of funding

UK Sport says it will invest £352m in British sports for the 2024 Olympic and Paralympic Games in Paris.

The funding will be split across 43 Olympic and Paralympic sports and represents an increase on the £345m allocated for the Tokyo Games.

New additions climbing, skateboarding and surfing have all been funded.

However, some traditional sports like athletics, gymnastics, rowing and swimming have all had budgets cut by around 10%.

Sailing, canoeing, equestrian and modern pentathlon have also seen reductions while badminton has seen a significant increase and GB wheelchair rugby has had its funding restored. The sport received £3m in total in the run up to Rio 2016 but had all funding removed after failing to win a medal at the Games.

They have since claimed two European titles and climbed to number four in the world.

Britain won 67 medals at Rio 2016 and claimed 64 gold medals in the Paralympics.

British Rowing chief executive Andy Parkinson said he was not surprised to see a cut of around £2.4m for the sport in “difficult economic times”.

However, his counterpart at Pentathlon GB, Sara Heath, said she was “disappointed & perplexed” by a reduction of just over 20%.

In a statement, Pentathlon GB said it intended to lodge an appeal, with Heath stressing a “lack of parity… across the sports receiving this crucial funding”.

On the decision to cut funding for a number of sports, UK Sport chief executive Sally Munday said: “These are pretty tough times in terms of the financial envelope that is available to us and we have looked across the piece.

“We wanted to reach more sports than we’ve ever been able to before and as a result we have had to make some pretty tough decisions.

“I believe that the sports that have been consistently successful will continue to be successful with the funding that they have received.”

An additional new fund worth £3m will also be open to applications from other sports such as breaking, which is set to feature at the Olympics in Paris for the first time.

UK Sport is expected to expected to assess breaking’s potential over the next 12 months as they did when climbing, skateboarding, surfing and karate were all added to the Olympic programme for the first time.

Who got what?

While the number of sports receiving funding has widened from 32 to 43, some of Britain’s most successful have lost out.

In rowing, funding fell by almost 10%, while swimming (11.4%) and equestrian (11.6%) also saw sizable drops.

However, archery saw its funding more than double, badminton’s rose by around £2.5m (up by over 300%) and cycling got an increase of 12%

Olympic sport Amount awarded
Archery £2,134,257
Athletics £22,175,520
Badminton £3,154,358
Boxing £11,395,507
Canoeing £12,108,836
Cycling £27,601,684
Diving £8,463,542
Equestrian £11,085,964
Gymnastics £12,510,990
Hockey £12,376,622
Judo £5,446,804
Modern Pentathlon £4,391,183
Rowing £22,212,008
Sailing £21,338,088
Shooting £5,802,749
Swimming £16,590,017
Taekwondo £7,776,898
Triathlon £6,806,550
Paralympic Sport Amount awarded
Boccia £3,473,835
Para-Archery £2,633,644
Para-Athletics £9,065,401
Para-Badminton £1,106,833
Para-Canoe £3,032,881
Para-Cycling £7,829,158
Para-Equestrian £3,011,243
Para-Shooting £1,692,915
Para-Rowing £3,139,577
Para-Swimming £7,829,247
Para-Table Tennis £3,717,787
Para-Taekwondo £563,162
Para-Triathlon £3,814,618
Powerlifting £1,612,722
VI Judo £847,617
Wheelchair Basketball £4,197,157
Wheelchair Fencing £1,599,819
Wheelchair Rugby £2,650,289
Progression Sport Amount awarded
Basketball £1,350,000
Climbing £1,562,811
Fencing £1,672,485
Skateboarding £1,672,485
Surfing £1,350,000
Table Tennis £1,350,000
Weightlifting £1,350,000



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