Six 2012 Sports Boosted By Cash Injection
UK Sport’s annual review has given six summer Olympic sports a cash boost ahead of the London 2012 Games.
Boxing, canoeing, gymnastics, hockey, rowing and taekwondo have all been rewarded for their strong performances in 2010.
However, badminton’s funding has been reduced as has the Paralympic sports of goalball and wheelchair curling.
UK Sport says more lottery ticket sales contributed to the extra funding: ‘The announcement represents an overall increase of £2.6m in spending for summer Olympic and Paralympic sport, with the additional funding found through reprioritisation of resources and greater than expected lottery sales.’
The six sports set to benefit will receive between £197,000 and £1.13m in additional funding as they look to establish the sports ahead of the Games on home soil in 2012.
Hockey received the largest boost in funding, by more than £1m over the next two years, following a successful year.
Gymnastics received a £625,000 increase, boxing was boosted by £570,000, taekwondo by £400,000, whilst rowing and canoeing benefit from £300,000 and £200,000 respectively.
Winter sport funding also received a cash injection of £4.8m ahead of the Sochi Games in 2014 with skeleton the main beneficiary, but skiing, figure skating and men’s bobsleigh missed out on funding all together.
