UK Sport announces new funding strategy for future Olympic & Paralympic cycles

To optimise for archiving, the original image and related documents associated with this article have been removed.

UK Sport have announced a new tier of funding to develop the next generation of athletes to participate in the Paris 2024 and Los Angeles 2028 cycles.

The new funding strategy includes a significant change in the way the high performance body will hand out grants, with more Olympic and Paralympic sports to benefit from the funding after Tokyo 2020 in the aim of achieving further medal success.

Following an independent public consultation and a series of evidence sessions with key stakeholders, the new strategy has been formed and set to come into force April 2021.

The approach includes three tiers of funding toward three different stages of the performance pathway:

Podium – Investment to athletes/teams with a realistic chance of an Olympic/Paralympic podium position within four years.

Podium Potential – Investment to athletes/teams with a realistic chance of an Olympic/Paralympic podium position within four-eight years.

Progression – Investment to enable sports/athletes in the early stages of development to take the first step on the performance pathway.

Minister for sport Mims Davies commented: "This new strategy will further support our phenomenal athletes to deliver world-class performances, while using their success to inspire more people and communities across the country.”

You may also like

View All

UK Anti-Doping is recruiting 2 Non-Executive Directors

UK Anti-Doping (UKAD) is looking to recruit two new board Directors to fill vacancies arising in June 2026 when two current members complete their second terms on the UKAD Board

Read More

Barcelona expresses disappointment following La Liga’s decision to cancel its match against Villarreal in Miami

Barcelona has published a statement on La Liga’s, a professional Spanish football league, decision to cancel its match against Villarreal in Miami, expressing both acceptance and disappointment over a “missed opportunity to expand”

Read More

Retried American golfer Jack Nicklaus wins $50 million defamation lawsuit after LIV Golf misrepresentation claims

85-year-old former American professional golfer and golf course designer Jack Nicklaus has been awarded $50 million in a defamation lawsuit against Nicklaus Companies, owned by billionaire banker Howard Milstein, after Milstein and other Nicklaus Companies officials reportedly suggested that Nicklaus had considered becoming the face of the LIV Golf League, which is financed by Saudi Arabia, in a $750 million deal

Read More