Aston Villa facing Premier League scrutiny over £55m Warehouse sale Sport Business Aston Villa’s latest accounting manoeuvre – selling “The Warehouse” to the club’s owners for £55m – is yet to be signed off by the Premier League. Some top-flight clubs have avoided breaching spending rules in recent years by selling their stadiums and women’s teams to companies within the same ownership group. In a new twist, [...]
UK Sport: We invest £32m in winter sports because Britain cares deeply Sport Business Milan Cortina and the British public’s appetite for melon grabs and curling showed why UK Sport invested £32.5m in winter sports in this Olympic cycle, says CEO Sally Munday. Watching years of dedication come together in a single run at Milan Cortina earlier this month was extraordinary. Matt Weston’s performance en route to Team GB’s [...]
British basketball handed major boost in LA 2028 Olympic funding Sport British basketball has received a major boost after UK Sport more than doubled its funding allocation for the LA 2028 Olympic cycle. The sport is by far the biggest beneficiary from the record overall package of £330m, which will see its funding increasing from £1.35m to £2.93m. Skateboarding, climbing, weightlifting and baseball/softball are the other [...]
Rachel Reeves hands Team GB £344m fillip for LA 2028 Olympics October 31, 2024 Team GB’s Olympic and Paralympic athletes are set to receive the funding boost they have been calling for following yesterday’s Budget. Chancellor Rachel Reeves has committed to giving UK Sport £86m a year, an increase of 10 per cent on the last cycle, in the lead-up to the LA 2028 Games. UK Sport CEO Sally [...]
Investment case for British Olympic and Paralympic sport is stronger than ever August 21, 2024 UK Sport CEO Sally Munday explains why funding has never been more important for continuing the success of British athletes at the Olympic and Paralympic Games. As the dust settles on the Olympic Games, I reflect proudly on what our British athletes achieved and how their performances touched the nation. And while there is sadness [...]