Moynihan calls for sport funding hike

British Olympic chief Colin Moynihan claims the Treasury must increase funding for sport by the end of the month if there is any chance of Britain achieving the target of coming fourth in the medals table at the 2012 Games in London.

A bid for almost double the current funding for Olympic sports has been submitted to the Treasury and an announcement could be made in Gordon Brown's pre-Budget report on Monday.

Lord Moynihan, chairman of the British Olympic Association (BOA), said his organisation and UK Sport, which distributes funding to elite sport, drew up a plan after speaking to all 26 governing bodies of Olympic sports and as a result of that Culture Secretary Tessa Jowell has put a proposal to the Treasury.

Moynihan told PA Sport: "We need clarity and the funding support for the Olympic programme as soon as possible.

"If it is not announced on Monday then we need it by the end of this month. We cannot afford to go into the new year with uncertainty.

"It is vitally important because governing bodies need to know that the funding will be available for the next six years so they can secure coaches, support staff and identifying the athletes."

Moynihan said the money itself did not have to be available immediately, just the promise of funding, and he stood by his decision to target fourth position in 2012 - Britain came 10th in Athens.

"Fourth is a realistic target and we said that with the full support of the governing bodies," he added.

"I believe it is attainable but we cannot afford anything to go wrong if we are to meet that target and we cannot afford to lose even six months of preparation."

UK Sport currently spend around £23million a year on supporting elite athletes, and are also taking over responsibility for the £20-£25million spend on developing potential Olympic athletes.

It is understood that the Treasury are being asked for around double those amounts.

Most of the cash would go towards striving for new medallists but some would also be spend in trying to bring sports such as handball up to Olympic qualifying standard.

Meanwhile, Moynihan appears to have completely changed tack with his 'Clearing the Bar strategy'

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

In a world of Saudi bullying, right-wing Israeli ministers and the twilight of Obama, Iran is looking like a possible policeman of the Gulf

Iran is shifting from pariah to possible future policeman of the Gulf

Robert Fisk on our crisis with Iran
The young are the new poor: A third of young people pushed into poverty

The young are the new poor

Sharp increase in the number of under-25s living in poverty
Greens on the march: ‘We could be on the edge of something very big’

Greens on the march

‘We could be on the edge of something very big’
Revealed: the case against Bill Cosby - through the stories of his accusers

Revealed: the case against Bill Cosby

Through the stories of his accusers
Why are words like 'mongol' and 'mongoloid' still bandied about as insults?

The Meaning of Mongol

Why are the words 'mongol' and 'mongoloid' still bandied about as insults?
Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible