UK Sport release further funding for British Basketball
UK Sport has released further ring-fenced funding for British Basketball to help support GB athletes to compete on the world stage.
In May this year, the Department for Digital, Culture, Media and Sport (DCMS) confirmed that £500,000 additional new funding would be routed to British Basketball through UK Sport.
An initial investment of £195,000 was provided to British Basketball at the time to ensure GB athletes could compete at important World Cup qualifying games in June and July.
Further funding of £110,570 has now been released to enable the GB basketball teams to compete in two senior women’s and two senior men’s matches in November 2018 and February 2019.
The funding will support British Basketball programme delivery whilst they continue to create a sustainable model for British basketball moving forwards.
A further instalment of £102,186 will be released in November if British Basketball can demonstrate progress against the agreed conditions including a clear commercial plan, a sustainable financial forecast and demonstrating the impact GB teams can have in supporting the wider government sport strategy.
The two instalments total £212,756.
Of the £500,000 funding ring-fenced for British Basketball, a total of £92,224 will remain available to the sport subject to final conditions being met and agreed with UK Sport.
Liz Nicholl, Chief Executive of UK Sport, said:
“At the request of Government, UK Sport has worked to support British Basketball in finding a solution to enable GB athletes to compete. It is important that British Basketball continues to work to demonstrate it can deliver on its financial, governance and inspirational impact commitments.”
Maurice Watkins CBE, Chair of British Basketball Federation, said:
“We are pleased to receive this additional funding to support GB basketball. We know that basketball changes lives and enhances communities, and we know from our partners in England, Scotland and Wales just how much basketball is growing in popularity, and what it means to people of all ages. This additional financial injection will help us to continue to develop the impact of our sport on people and communities across the country, while allowing our best athletes to continue competing at the highest level. One immediate focus is on our GB Women's squad and their crucial game in Manchester against Greece next month as they attempt to qualify for the 2019 Women's EuroBasket Tournament. We would encourage the basketball community to get behind the team and show their support.”
Stef Collins, captain of GB Women's national team, said:
“On behalf of the players, I would like to thank UK Sport for supporting our Senior Women and Men's teams which will enable us to compete in our respective international campaigns this November. The Senior Women are looking forward to our final two home games versus Greece and Portugal in our 2019 Eurobasket qualifiers, while the Senior Men take on Austria in 2021 EuroBasket Pre-Qualifiers. We look forward to returning to our home court in Manchester and hope to see the British Basketball community out in full force to support us.”
As a service to our readers, Around the Rings will provide verbatim texts of selected press releases issued by Olympic-related organizations, federations, businesses and sponsors.
These press releases appear as sent to Around the Rings and are not edited for spelling, grammar or punctuation.
25 Years at #1: Your best source of news about the Olympics is www.aroundtherings.com, for subscribers only