£3m fund to aid ‘have-nots’ of UK sport - News Summed Up

£3m fund to aid ‘have-nots’ of UK sport


The new fund should help sports such as basketball, wheelchair rugby and fencing Getty ImagesSports that missed out on funding for the 2020 Olympics after being judged unlikely medal winners will now be able to bid for money from a new fund announced by the government. In a significant shift of funding policy, the sports minister Tracey Crouch said that the £3 million Aspiration Fund will help “bridge the gap” between the haves and have-nots of elite funding for Olympic and Paralympic sports. The “no-compromise” approach used by UK Sport targets money purely at strong medal prospects. The new fund should help sports such as basketball, wheelchair rugby and fencing, which were cut off from elite funding when judged as unlikely medal prospects. The decision regarding basketball was particularly controversial given the sport’s popularity in urban areas and potential…


Source: The Times October 11, 2018 23:00 UTC



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