Investment Principles
Tom Daley
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Introduction
As the UK’s lead agency for high performance sport, it is UK Sport’s role to ensure that the resources available to support our most successful Olympic and Paralympic athletes are sufficient to maximise their chances at the highest level of international competition.
To deliver this objective, and ensure our decision making is open and transparent, we have reviewed our Investment Principles to guide World Class Performance investment decisions – both those made at the beginning of the Rio cycle, and at Annual Reviews conducted each autumn.
The Investment Principles not only enshrine our No Compromise approach, but also the fact that all funding is a privilege and not a right.
No Compromise
At the heart of our investment approach is our philosophy of No Compromise – a commitment to channel the resources needed towards athletes and sports with the greatest chance of succeeding on the world stage, both in the immediate future and in the longer term. No Compromise demands we reinforce excellence, support talent, challenge under-performance and reject mediocrity. Put simply, we strive to invest the right resources, in the right athletes, for the right reasons.
This approach, along with record levels of investment from the National Lottery, Exchequer and Team 2012 helped Great Britain achieve 65 Olympic medals and 120 Paralympic medals at London 2012.
Rio Performance Investment Principles
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