Skip to content
Saturday 15 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 06 August 2008 11:09 am  |  Updated:  Friday 19 November 2021 11:25 am

Team GB told: Prove you’re worth £500m

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google

Sports Minister Gerry Sutcliffe has challenged Team GB to justify an unprecedented £500m cash injection by hitting their target of 41 medals at the Beijing Olympics.


The increased investment in elite sport is part of plans to ensure home success when London hosts the Games in 2012.

But it has also benefited the current crop of athletes, whose Olympic preparations have been aided by fulltime programmes, more support staff and the use of a pre-Games training camp in Macau.

Now Sutcliffe says it is time for Team GB to repay that outlay with an improvement on their performance in Athens four years ago.

“We’ve put £500m into elite sports and we’ve got to try and make sure there’s a recovery of that in terms of the outcomes,” he said.

“I think people have recognised the amount of investment that has gone into sport over the last 10 years, but they will certainly measure that by outcomes and that’s why these Games will be important because we’ve handed the opportunity to give the athletes time to train.

“I think it was one of the archers who said to me that he had to work full-time, couldn’t spend the time on training and has now been able to do that through the funding he’s got from UK Sport. So these are the sort of things that we have to turn into something real.”

UK Sport has set a minimum target of 35 medals from Beijing, but has challenged Team GB to go even further and return with 41.

Sutcliffe has backed that target and warned sports that their funding will be affected by their athletes’ performances in China.

“If we came well short of that 41- medal haul we’d be very concerned about that and we’d look to the future,” he added.

“We will have a review immediately after Beijing on the investment that we put in with UK Sport and looking at those sports that have been successful and those that haven’t.”

Read more

Commonwealth Gold Medallists Return to the Court That Helped Inspire London

Team England athletes and dignitaries celebrate the Kings Baton Relay for Glasgow 2026 at a London sports festival.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • Commonwealth Gold Medallists Return to the Court That Helped Inspire London

    Partner
    Team England athletes and dignitaries celebrate the Kings Baton Relay for Glasgow 2026 at a London sports festival.
  • Commonwealth Games must prove crises are thing of past

    Sport Business
    Josh Kerr winning an athletics race at the London Stadium, with cheering crowds in the background.
  • SailGP, rugby and PJL: Inside the new £50m budget sporting asset class

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business news context
  • Crystal Palace stadium set for £130m revamp with 25,000 seats

    Sport Business
    Outdoor athletic stadium with red running track, green field, blue spectator seating, and large scoreboards.
  • Ex-UK minister Robertson rubbishes Ukrainian claims he aided Russia’s Olympic return

    Sport Business
    Sir Hugh Robertson, British Olympic Association, wearing a poppy and name tag, at an event
  • Sport expects true fan Andy Burnham to take a leaf out of John Major’s book

    Sport Business
    Getty Images logo on a vibrant background, representing a leading visual media company in the news and business industry.
  • London Sports Festival’s 3×3 Basketball Court Scores Early Success with Basketball England Takeover

    Partner
    Kids playing basketball at a pop-up court in London, with the Monument to the Great Fire visible.
  • How sevens and Olympics can be commercial rugby lifeline

    Sport Business
    Smiling athlete in white jacket holding a gold medal, reaching out to cheering fans in a stadium.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook