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The budgets for the 2012 have been revealed with basketball, synchronised swimming, taekwondo, boxing, archery and hockey the big winners. UK Sport unveiled their Olympic 2012 funding programme in tough economic times and the government’s failure to secure £100m in private funding. The Treasury stepped in with a last minute £29m boost but several sports have lost out with others left in limbo over exactly how much money they will have to win medals. Sue Campbell, chair of UK Sport, said they had to make "tough calls" but they were right. The fund had a £50m gap in the spending plans for Britain’s Olympian hopefuls leaving the £304m to dish out today, in all 17 sports have seen increases. UK Sport maintains that Britain will still aim for a top four spot. Despite the Culture Secretary saying no sport would be cut adrift several sport have seen big cuts to their budgets with shooting, table tennis, handball and fencing.
Olympic Association chief slams budget
British Olympic Association chief executive Andy Hunt has slammed the settlement saying to the BBC: "It is disappointing that, despite extensive lobbying we find ourselves in the position now, just three months after the most successful Olympic Games for Great Britain in 100 years, where the government has failed to honour their funding promise to all our Olympic sports. "For those sports that have learnt that they face an uncertain financial future, two years of planning and investment has been thrown up in the air." He added: "As host nation in 2012, all our sports are effectively pre-qualified to compete which is why it is so disheartening that such a unique opportunity for our athletes to be a part of a home Olympic Games is now uncertain. "A legacy for sport and young people was the foundation of London's bid and the government recognised this through their £600m commitment. Thus the BOA is very disappointed that they have now fallen short of that pledge."
The winners - the losers
Basketball got a huge 136% increase, up from £3.7m to £8.7m and rowing is now Britain's best funded Olympic sport with getting £27.5m. Cycling has received a 21% increase in funding, up to £26.9m from £22.1m. But the athletics budget drops from £26.5m to £25.1m over the next four years, while badminton also has a slight cut in its spending, from £8.76m to £8.63m. Limbo Several sports have been left in limbo and will have to fight over £12.5m. Volleyball, water polo, weightlifting, wrestling and four Paralympic sports will have to wait.
See who got what below.
BIG WINNERS | Sport | Beijing budget (£m) | Beijing medal target | Beijing medals | Cost per medal (£m) | London budget(£m) | % increase | | Basketball | 3.69 | 0 | 0 | - | 8.75 | 136.9 | | Synchro Swimming | 1.65 | 0 | 0 | - | 3.46 | 109.8 | | Taekwondo | 2.67 | 1 | 1 | 2.67 | 4.49 | 68.3 | | Boxing | 5.01 | 2 | 3 | 1.67 | 8.02 | 60.3 | | Archery | 2.83 | 2 | 0 | - | 4.50 | 58.7 | | Hockey | 9.88 | 0 | 0 | - | 14.13 | 43.0 | | Swimming | 20.66 | 3 | 6 | 3.44 | 25.61 | 24.0 | | Cycling | 22.15 | 6 | 14 | 1.58 | 26.92 | 21.5 | | Canoeing | 13.62 | 2 | 3 | 4.54 | 16.29 | 19.6 | | Equestrian | 11.73 | 3 | 2 | 5.86 | 13.65 | 16.4 | | Gymnastics | 9.04 | 1 | 1 | 9.04 | 10.33 | 14.3 | | Diving | 5.87 | 1 | 0 | - | 6.66 | 13.3 |
LITTLE CHANGE | Sport | Beijing budget (£m) | Beijing medal target | Beijing medals | Cost per medal (£m) | London budget(£m) | % increase | | Judo | 6.95 | 2 | 0 | - | 7.64 | 9.9 | | Modern Pentathlon | 5.92 | 1 | 1 | 5.92 | 6.41 | 8.3 | | Rowing | 26.04 | 4 | 6 | 4.34 | 27.47 | 5.5 | | Triathlon | 5.11 | 1 | 0 | - | 5.39 | 5.5 | | Sailing | 22.29 | 4 | 6 | 3.72 | 23.39 | 4.9 | | Badminton | 8.76 | 1 | 0 | - | 8.63 | -1.5 | | Athletics | 26.51 | 5 | 4 | 6.43 | 25.11 | -5.29 |
IN LIMBO UK Sport has committed to a "basic level of funding" for each of these sports from the remaining available budget - allocated in January, based on their performance potential - but has told them to try to find funding from elsewhere. | Sport | Beijing budget (£m) | Beijing medal target | Beijing medals | Cost per medal (£m) | London budget(£m) | % increase | | Shooting | 5.06 | 2 | 0 | - | ? | ? | | Volleyball | 4.11 | 0 | 0 | - | ? | ? | | Water Polo | 3.15 | 0 | 0 | - | ? | ? | | Fencing | 3.07 | 0 | 0 | - | ? | ? | | Handball | 2.99 | 0 | 0 | - | ? | ? | | Table Tennis | 2.53 | 0 | 0 | - | ? | ? | | Wrestling | 2.13 | 0 | 0 | - | ? | ? | | Weightlifting | 1.69 | 0 | 0 | - | ? | ? |
"Budget" refers to funding for sport in four years leading up to the relevant Olympics. Prior to 1 April 2006, governing bodies of sports administered on a home nation basis within the UK were funded by their respective home nation sports councils. This affects badminton, boxing, hockey and table tennis.
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