Olympics: Basketball loses UK Sport funding for Rio games

Basketball is one of seven sports that have had their funding withdrawn by UK Sport ahead of Rio 2016, reports Amy Lewis.

The other Olympic and Paralympic sports include synchronised swimming, water polo, weightlifting, five a side football, goalball and wheelchair fencing.


Two sports have had their funding reduced, including badminton and swimming which has seen it's funding reduced by £500k. A further 34 elite sports had their funding either increased or unchanged.
The announcement was made by UK Sport which is funded by the National Lottery and the Government as part of their annual funding review process. In December 2012 it announced that it would be increasing it's elite sport programme by 11% from £264 million for London 2012 to a record £347 million for Rio 2016. However, the agency says some sports have little chance of achieving a medal at the next Games which is why they're losing all their investment.

British Basketball is one of the sports that will lose its funding. Roger Moreland, Performance Chairman of British Basketball told Sky Sports News he would be appealing. He said: "British Basketball is desperately disappointed for the players, coaches, staff and basketball community in this country. One of the factors in restoring funding last year was on the basis of our medal potential for Tokyo 2020 and we still believe all the indicators for our senior and age group teams show the strength of the programme is building towards that aim".

British Swimming Chief Executive David Sparkes also stated he was disappointed by the news and confirmed they would consider appealing the decision in order to secure financial support. "We will now carefully look at our options and, in due course, may well consider a more formal appeal over these devastating decisions," he said in an official statement.