Cycling set for £32m investment from Sport England
December 18th, 2012
Grassroots cycling is set to receive an increase of funding by 30% after an announcement made by Sport England this week.
Figures announced on Monday show that cycling will get £32million over the next four years compared to £24.7million it got for the previous four years.
Sport England confirmed that they will invest almost half of the billion pounds in grassroots sports ahead of the next Olympic games which will take place in Rio de Janeiro, Brazil.
Grassroots cycling is set to receive an increase of funding by 30% after an announcement made by Sport England this week.
Figures announced on Monday show that cycling will get £32million over the next four years compared to £24.7million it got for the previous four years.
Sport England confirmed that they will invest almost half of the billion pounds in grassroots sports ahead of the next Olympic games which will take place in Rio de Janeiro, Brazil.
A total of £493million will be split over 46 sports which have all bid for National Lottery and government funding, with 60% of that money to be spent on people aged between 14 and 25.
Thirty-one sports are now set to get their biggest ever grassroots investment including netball, wheelchair basketball and triathlon.
However its not all good news.
Tennis will now get £17.4million compared to £24.5m in the previous four years and swimming will be cut down to £20m from £20.9m.
“This investment represents years five to eight of our long-term plan to get more people playing sport,” a spokesperson for Sport England said.
“We’ve learned a lot over the last four years and with a record 15.5million people already playing sport once a week, we are on track to deliver.”