Prime Minister announced £232m investment to support GB and NI athletes path to Paris 2024 Olympics

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The Prime Minister and Culture Secretary have announced that the Government will provide £232m to support Team GB and ParalympicsGB athletes prepare for the Paris 2024 Olympic and Paralympic Games.

The £232m will be used to back aspiring Team GB and ParalympicsGB athletes as well as their coaches and support staff, in addition to funding from the National Lottery. This £77.4m a year to elite sport agency UK Sport is an increase from the £54m a year baseline government funding UK Sport received for Tokyo 2020 – a rise of 44%.

The news will provide a major boost for Team GB’s returning athletes following their stunning performances in Tokyo, and the Paralympic athletes set to grace the world stage in the Paralympic Games that begin later this month.

They will be in line to benefit from UK Sport’s World Class Programme and Progression Funding, which will provide vital support towards reaching the pinnacle of their sports as preparations begin for Paris 2024 and beyond.

The investment will also support athletes and coaches targeting success at the Winter Olympic and Paralympic Games, and help kick-start the search for the next generation of Olympic and Paralympic champions.

It comes as the Prime Minister and Sports Minister Nigel Huddleston attend the Team GB Homecoming event at Wembley Arena today, where the medal-winning success of the likes of Adam Peaty, Jason and Laura Kenny, Tom Daley and Sky Brown will be celebrated in front of a live audience and broadcast to the nation at home on BBC One.

Team GB and Northern Ireland won 65 medals in 25 different disciplines, broader than any other country, including in BMX and Skateboarding for the first time at what was the latter sport’s inaugural games. These medals placed Great Britain and Northern Ireland fourth in the medal table.

The Paralympic Games will see around 240 athletes representing ParalympicsGB in Japan, including the likes of track stars Jonnie Peacock and Hannah Cockroft and swimmer Ellie Simmonds.

Prime Minister Boris Johnson said: “Team GB showed us the very best of this country in Tokyo – demonstrating sportsmanship, hard work and record-breaking performances. From the pool to the track to the velodrome, our Olympians gave us so many reasons to be proud, and to celebrate their extraordinary success. This increased funding will support Team GB to deliver their best possible performances in three years time in Paris.”

Industry reaction

Sally Munday, CEO, of UK Sport, said: “On behalf of the Olympic and Paralympic sport community, I’d like to thank the Government for providing us with the certainty UK Sport, Britain’s athletes, and, crucially, their world class support teams, needed for the coming three years towards Beijing 2022 and Paris 2024. The past 18 months have been challenging time for everyone, and I think we have all seen the power of sport to uplift us, demonstrated by our Olympians in Tokyo, and we are looking forward to our Paralympians doing the same in less than two weeks’ time.”

Dame Katherine Grainger, Chair of UK Sport, said: “This commitment from our Government, as well as the incredible support we receive from National Lottery players, gives us greater certainty of delivering more extraordinary moments to reach, inspire and unite the nation in Beijing and Paris, and also sets us up perfectly for the ‘greatest decade’ of sport that we hope to deliver in the years to come. Our thanks go to Government and The National Lottery for their unwavering support for Britain’s Olympic and Paralympic athletes.”

British Olympic Association Chair Hugh Robertson said: “This is amazing news. We are very grateful for the support from the government that will set us up for Paris 2024 and beyond.”

Mike Sharrock, CEO of the British Paralympic Association said: “This is great news for our Paralympic athletes about to compete in Tokyo, demonstrating the government’s backing for their hard-work and dedication in preparing for Tokyo and ensuring that we continue to be a major powerhouse in Paralympic sport through to Paris 2024 and beyond.”