A closer look at Olympic and Paralympic funding for the Paris 2024 cycle

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Olympic and Paralympic sports have discovered how much money they will receive for the Paris 2024 cycle, and as usual there are some big winners and losers.

Here the PA news agency provides some detail.

What is the funding, who will get it, and where does it come from?

The settlement is worth £352million in total, which elite sports funding body UK Sport will split between 43 sports. The money comes from central Government and from the National Lottery.

Who has lost out?

Gymnastics faces a funding cut
Gymnastics faces a funding cut (David Davies/PA)

Who are the winners?

Cycling may need a helping hand
Cycling may need a helping hand (Tim Goode/PA)

What’s UK Sport’s approach to funding?

Gold medals will have to be won 'the right way'
Gold medals will have to be won ‘the right way’ (Nick Potts/PA)

What about Tokyo, has the pandemic affected funding?

UK Sport says governing bodies and athletes have been given assurances that funding will not be affected, giving them certainty as they prepare for the delayed Games next summer.

What about the new sports, are they getting anything?

Climbing, skateboarding and surfing are all set to feature at the Olympics for the first time in Tokyo next summer. All three are part of a seven-strong group of sports which will share a £10.3m ‘progression fund’ as UK Sport seeks medals, and medallists, from the broadest and most diverse range of sports possible.

Hang on, you haven’t mentioned breakdancing….

Breakdancing will be an Olympic sport
Breakdancing will be an Olympic sport (Yui Mok/PA)

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