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Steep Fall In Lottery-Ticket Sales Threatens Great Britain Funding On Way To Tokyo 2020
- Updated: November 30, 2016
British sport is facing a £30m reduction in funding on the way to the Tokyo 2020 Olympic Games because of a significant decline in the sales of National Lottery tickets that have made a towering contribution to results such as those that left the country second on the medals table at the Rio 2016 Games.
Swimming is among sports expecting to hear from UK Sport next week that their success at the Rio Games will lead to a budget boost. The fall in ticket dsales, however, may mean that a cut is on the cards.
The Independent newspaper reports today that UK Sport has appealed to the Treasury for special dispensation on funding but is beieved to have been turned down.
Adam Peaty and coach Mel Marshall
The twist in the lottery tale comes in a week when Australian politicians are stacking up support for matching the British funding model with its own lottery plans to create ring-fenced support for sport after a period of general decline on the overall medals table at the Olympic Games.
UK Sport is expected to make a direct appeal to Prime Minister Theresa May but all budgetry requests in pre-Brexit Britain will be met with caution in a climate of uncertainty over …