Summary
21 December 2012
The body which funds elite sport in Britain has announced an increase of 11% across Olympic and Paralympic sports. But some sports which underperformed in London 2012 have been given less money.
Reporter:
Alex Capstick
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Report
Britain finished third in the gold medal table at the London Olympics. The target is for the country to become the first host nation to improve on its tally at the following Games. And so UK Sport, which divides up the cash available to individual sports, has increased its funding to five hundred and sixty two million dollars, a rise of eleven per cent. But those sports which underperformed in 2012 have seen their allowance go down. Liz Nichol is the Chief Executive of UK Sport:
"We're very confident that the system can be even better in Rio. We're very confident there is more medal-winning potential to come. And so we're setting out with a very ambitious goal, we want to be the first nation in recent history to be more successful in both the Olympics and the Paralympics post hosting."
In this century Australia, Greece and even China failed to match their medal count in the years after they staged the summer Olympics. Britain has a no-compromise approach to investment. It means the likes of cycling, rowing and boxing, which delivered in London, get a financial windfall. But the amount set aside for swimming, which failed to meet expectations, has been slashed by six and a half million dollars. And there are four sports - basketball, handball, wrestling and table tennis - which will receive no money at all. Meanwhile, Paralympic sports were given a huge boost; their pot of cash has been swollen by 43%.
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Vocabulary
- target
aim, goal
- tally
number
- underperformed
did not do as well as expected
- allowance
amount of money given
- confident
sure, full of belief
- ambitious
requiring a lot of effort
- staged
hosted
- windfall
unexpected gain
- slashed
cut significantly
- swollen
increased