Investment in Sports
UK Sport invests Exchequer and National Lottery funds in Britain’s best Olympic and Paralympic sports and athletes to maximise their chances of success on the world stage. More than £100 million per annum is being invested directly into the UK’s high performance system during the Rio Olympiad, with a further £59 million over the course of the cycle flowing to providers of the key services that underpin it.
To ensure that the UK’s most talented athletes have every chance of realising their potential, UK sport has created the World Class Performance Programme, a vehicle for funding the UK’s top athletes and providing support services for them through investment to their national governing bodies.
The UK’s high-performance system is currently enjoying unprecedented levels of investment following the home Olympic and Paralympic Games in 2012. Investment is targeted where it has the greatest chance of succeeding using a ‘No Compromise’ philosophy which targets investment at those most likely to deliver medals at Olympic and Paralympic level.
World Class Performance funding is only available to sports achieving or striving to achieve excellence in the Olympic and Paralympic arenas. UK Sport’s investment model will guide funding decisions based upon past performance and demonstrable future potential.
UK Sport makes all its World Class Performance investment decisions in the period following an Olympic/Paralympic Games, to allow for a thorough review and wash-up of the previous cycle and evidence of future potential.
Recognising that performance potential can fluctuate from year to year and that the economic environment and dependence upon National Lottery and Exchequer income can also introduce uncertainty, UK Sport conducts Annual Reviews and a Mid-Cycle Review to ensure that all investments continue to be aligned to the high level goal of delivering the maximum performance potential. As a result of the reviews, investment levels can be amended as appropriate.