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Investment In Sport Paying Off At Olympics

Author: Renee Israel

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After a jittery start to the Olympics, where even we bemoaned the lack of gold medals for Team GB, it seems that our local sportsmen and women are riding on the wave of success and bagging medal after medal.

While it would be nice to put the 38 (and counting) medals down to crowd adoration, home advantage or other sentimental, albeit worthy, reasons, it really all boils down to one hard and crucial fact - Britain's sports teams got a lot more funding than any previous Olympic Games and we are starting to reap the rewards.

It was estimated this week that Great Britain spent around £4.6 million to get an athlete to the podium, which is an unprecedented amount spent on individual sportsmen and women.

London invested an enormous amount of money on its teams and athletes when it won the bid to host the 2012 Olympics, raising the £70 million spent to send its team to the Athens Games in 2004 to more than triple that for the Beijing Games.

This sum grew even more for the London Games, much in part due to the generosity of the UK National Lottery which not only promised, but also delivered literally millions of pounds through revenue earned from selling lottery tickets and scratch cards.

National Lottery Credited for Olympic Success

There is no doubt that we have to take our hats off to the National Lottery for its incredible investment in the London Summer Olympics of 2012.

Beth Twaddle, who became the first British woman to take home a medal for individual gymnastics in the history of our participation in the games, was quoted as saying that the National Lottery funding had made a "massive" difference to her success.

Of the 542 competitors who make up Team GB, a staggering 90% have benefitted directly from National Lottery funding - certainly a momentous investment in the grand scheme of things.

Lack of Funding Leads to Poor Results

If ever the need for ongoing Olympic sport investment in our sportsmen and women was questioned, one only need to look at Australia as an example of where NOT to go.

Australia's poor performance in the current Olympics has been put down by the Australian Olympic Committee to lack of government spending, with the committee bemoaning the fact that funding was literally cut in half several years ago.

From coming within the top six countries in the total medal tally in the last three Olympics, Australia is currently trailing at a dismal 13th spot - behind countries such as Kazakhstan and Hungary.

There are no two ways about it: Olympic success requires funding. Look at examples of some of the poorest countries out there such as Ethiopia, where there is simply no way to create champion athletes in certain sports. It would be rather difficult to see an Olympic swimmer emerge from a country which 'boasts' one swimming pool for every six million people.

In fact, sports analysts have identified four sports where there is no practically chance of every producing a medal from a poor or developing country, namely sailing, swimming, cycling and equestrian. All these need more than raw talent. They require equipment, investment and funding - something impossible to attain if there is no money forthcoming.

The bottom line is that if the UK government and the National Lottery don't want to see Team GB come near the type of status drop in the next Olympics as experienced by Australia this time around, they need to continue investing in British sport - even, and perhaps especially, beyond London 2012.

 Posted by Renee Israel at 08:03 on 9 August 2012




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