How money turns to Olympic and Paralympic medals

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As we hear the news that seven sports have received funding cuts for the Tokyo 2020 Olympic and Paralympic Games, sports funding has rightly so become a hot topic of conversation. How will these cuts impact the success of Team GB in the next cycle of Olympic and Paralympic Games?

High-quality cycling clothing stockist Leisure Lakes Bikes has analysed the funding figures of UK Sport’s World Class Performance Programme to try and find out the influence funding has had on the previous five Olympic and Paralympic Games, and to predict the effect the cuts will have on the future games too. They discover:

  • How much funding each sport is given.
  • The medals won in relation to the funding.
  • The amount of funding to equate to a medal.
  • The amount of funding to equate to a gold medal.
  • Medal prediction for Tokyo 2020, based on the funding.

Find out more in the report below…

Sydney 2000

Sport Funding amount Medals won (Gold medals in brackets) Amount of funding for a medal of any colour Amount of funding for a gold medal
Athletics £10,600,000 6 (2) £1,766,666.67 £5,300,000
Badminton £0 1 (0) £0 n/a
Boccia £112,122 1 (1) £112,122 £112,122
Boxing £0 1 (1) £0 £0
Canoeing £4,500,000 2 (0) £2,250,000 n/a
Cycling £5,400,000 4 (1) £1,350,000 £5,400,000
Disability Shooting £138,256 2 (1) £69,128 £138,256
Diving £900,000 0 (0) n/a n/a
Equestrian £3,000,000 1 (0) £3,000,000 n/a
Goalball £162,103 0 (0) n/a n/a
Gymnastics £5,900,000 0 (0) n/a n/a
Judo £3,900,000 1 (0) £3,900,000 n/a
Modern Pentathlon £1,100,000 2 (1) £550,000 £1,100,000
Para-Archery £0 3 (1) £0 £0
Para-Athletics £3,725,679 48 (16) £77,618.31 £232,854.94
Para-Cycling £0 3 (0) £0 n/a
Para-Equestrian £0 7 (5) £0 £0
Para-Swimming £3,523,238 62 (15) £56,826.42 £234,882.53
Para Table Tennis £272,446 2 (0) £136,223 n/a
Powerlifting £151,006 3 (2) £50,335.33 £75,503
Rowing £9,600,000 3 (2) £3,200,000 £4,800,000
Sailing £5,100,000 5 (3) £1,020,000 £1,700,000
Shooting £0 2 (1) £0 £0
Swimming £6,900,000 0 (0) n/a n/a
Taekwondo £600,000 0 (0) n/a n/a
Triathlon £1,400,000 0 (0) n/a n/a
VI Judo £0 1 (0) £0 n/a
Wheelchair Basketball £1,636,433 0 (0) n/a n/a
Wheelchair Fencing £76,133 0 (0) n/a n/a
Wheelchair Rugby £223,265 0 (0) n/a n/a
Wheelchair Tennis £54,921 0 (0) n/a n/a

 

Athens 2004

Sport Funding amount Medals won (Gold medals in brackets) Amount of funding for a medal of any colour Amount of funding for a gold medal
Archery £800,000 1 (0) £800,000 n/a
Athletics £11,400,000 4 (3) £2,850,000 £3,800,000
Badminton £0 1 (0) £0 n/a
Boccia £229,384 0 (0) n/a n/a
Boxing £0 1 (0) £0 n/a
Canoeing £4,700,000 3 (0) £1,566,666.67 n/a
Cycling £8,600,000 5 (2) £1,720,000 £4,300,000
Disability Shooting £245,951 1 (1) £245,951 £245,951
Diving £1,400,000 1 (0) £1,400,000 n/a
Equestrian £4,400,000 3 (1) £1,466,666.67 £4,400,000
Goalball £17,975 0 (0) n/a n/a
Gymnastics £4,100,000 0 (0) n/a n/a
Judo £4,100,000 0 (0) n/a n/a
Modern Pentathlon £2,000,000 1 (0) £2,000,000 n/a
Para-Archery £531,000 2 (2) £265,500 £265,500
Para-Athletics £3,286,474 17 (6) £193,322 £547,745.67
Para-Cycling £516,000 7 (3) £73,714.29 £172,000
Para-Equestrian £1,188,000 8 (5) £148,500 £237,600
Para-Swimming £4,445,181 52 (16) £85,484.25 £277,823.81
Para Table Tennis £401,099 3 (0) £133,699.67 n/a
Powerlifting £339,455 0 (0) n/a n/a
Rowing £10,600,000 4 (1) £2,650,000 £10,600,000
Sailing £7,600,000 4 (2) £1,900,000 £3,800,000
Shooting £1,400,000 0 (0) n/a n/a
Swimming £6,400,000 2 (0) £3,200,000 n/a
Taekwondo £600,000 0 (0) n/a n/a
Triathlon £2,600,000 0 (0) n/a n/a
VI Judo £648,000 1 (0) £648,000 n/a
Weightlifting £300,000 0 (0) n/a n/a
Wheelchair Basketball £1,835,609 1 (0) £1,835,609 n/a
Wheelchair Fencing £100,013 0 (0) n/a n/a
Wheelchair Rugby £564,214 0 (0) n/a n/a
Wheelchair Tennis £473,000 2 (1) £236,500 £473,000

 

Beijing 2008

Sport Funding amount Medals won (Gold medals in brackets) Amount of funding for a medal of any colour Amount of funding for a gold medal
Archery £2,834,000 0 (0) n/a n/a
Athletics £26,513,000 4 (1) £6,628,250 £26,513,000
Badminton £8,759,000 0 (0) n/a n/a
Basketball £3,694,000 0 (0) n/a n/a
Boccia £614,761 2 (1) £307,380.50 £614,761
Boxing £5,005,000 3 (1) £1,668,333.33 £5,005,000
Canoeing £13,622,000 3 (1) £4,540,666.67 £13,622,000
Cycling £22,151,000 14 (8) £1,582,214.29 £2,768,875
Disability Football £170,200 0 (0) n/a n/a
Disability Shooting £576,912 1 (1) £576,912 £576,912
Diving £5,873,000 0 (0) n/a n/a
Equestrian £11,727,000 2 (0) £5,863,500 n/a
Fencing £3,074,000 0 (0) n/a n/a
Goalball £115,000 0 (0) n/a n/a
Gymnastics £9,036,000 1 (0) £9,036,000 n/a
Handball £2,986,000 0 (0) n/a n/a
Hockey £9,882,000 0 (0) n/a n/a
Judo £6,947,000 0 (0) n/a n/a
Modern Pentathlon £5,920,000 1 (0) £5,920,000 n/a
Para-Archery £1,212,000 4 (2) £303,000 £606,000
Para-Athletics £5,454,400 17 (2) £320,847.06 £2,727,200
Para-Cycling £1,761,400 20 (17) £88,070 £103,611.76
Para-Equestrian £2,404,700 10 (5) £240,470 £480,940
Para-Rowing £1,303,900 3 (2) £434,633.33 £651,950
Para-Sailing £1,228,000 0 (0) n/a n/a
Para-Swimming £6,925,196 41 (11) £168,907.22 £629,563.27
Para Table Tennis £909,590 0 (0) n/a n/a
Powerlifting £691,100 0 (0) n/a n/a
Rowing £26,042,000 6 (2) £4,340,333.33 £13,021,000
Sailing £22,292,000 6 (4) £3,715,333.33 £5,573,000
Shooting £5,056,000 0 (0) n/a n/a
Sitting Volleyball £230,200 0 (0) n/a n/a
Swimming £20,659,000 6 (2) £3,443,166.67 £10,329,500
Synchronised Swimming £1,648,000 0 (0) n/a n/a
Table Tennis £2,533,000 0 (0) n/a n/a
Taekwondo £2,667,000 1 (0) £2,667,000 n/a
Triathlon £5,113,000 0 (0) n/a n/a
VI Judo £725,900 1 (0) £725,900 n/a
Volleyball £4,112,000 0 (0) n/a n/a
Water Polo £3,147,000 0 (0) n/a n/a
Weightlifting £1,686,000 0 (0) n/a n/a
Wheelchair Basketball £3,099,200 1 (0) £3,099,200 n/a
Wheelchair Fencing £340,885 0 (0) n/a n/a
Wheelchair Rugby £979,528 0 (0) n/a n/a
Wheelchair Tennis £803,000 2 (1) £401,500 £803,000
Wrestling £2,125,000 0 (0) n/a n/a

 

London 2012

Sport Funding amount Medals won (Gold medals in brackets) Amount of funding for a medal of any colour Amount of funding for a gold medal
Archery £4,408,000 0 (0) n/a n/a
Athletics £25,148,000 6 (4) £4,191,333.33 £6,287,000
Badminton £7,434,900 0 (0) n/a n/a
Basketball £8,599,000 0 (0) n/a n/a
Boccia £2,333,300 2 (0) £1,166,650 n/a
Boxing £9,551,400 5 (3) £1,910,280 £3,183,800
Canoeing £16,176,700 4 (2) £4,044,175 £8,088,350
Cycling £26,032,000 12 (8) £2,169,333.33 £3,254,000
Disability Shooting £2,085,000 3 (0) £695,000 n/a
Diving £6,535,700 1 (0) £6,535,700 n/a
Equestrian £13,395,100 5 (3) £2,679,020 £4,465,033.33
Fencing £2,529,335 0 (0) n/a n/a
Goalball £513,453 0 (0) n/a n/a
Gymnastics £10,770,600 4 (0) 2,692,650 n/a
Handball £2,924,721 0 (0) n/a n/a
Hockey £15,013,200 1 (0) £15,013,200 n/a
Judo £7,498,000 2 (0) £3,749,000 n/a
Modern Pentathlon £6,288,800 1 (0) £6,288,800 n/a
Para-Archery £2,147,700 2 (1) £1,073,850 £2,147,700
Para-Athletics £6,730,000 29 (11) £232,068.97 £611,818.18
Para-Cycling £4,198,000 22 (8) £190,818.18 £524,750
Para-Equestrian £3,605,500 11 (5) £327,772.73 £721,100
Para-Rowing £2,332,300 1 (1) £2,332,300 £2,332,300
Para-Sailing £1,748,900 2 (1) £874,450 £1,748,900
Para-Swimming £10,468,750 39 (7) £268,429.49 £1,495,535.71
Para Table Tennis £1,699,400 4 (0) £424,850 n/a
Powerlifting £1,092,700 1 (0) £1,092,700 n/a
Rowing £27,287,600 9 (4) £3,031,955.56 £6,821,900
Sailing £22,942,700 5 (1) £4,588,540 £22,942,700
Shooting £2,461,866 1 (1) £2,461,866 £2,461,866
Sitting Volleyball £786,961 0 (0) n/a n/a
Swimming £25,144,600 3 (0) £8,381,533.33 n/a
Synchronised Swimming £3,398,300 0 (0) n/a n/a
Table Tennis £1,213,848 0 (0) n/a n/a
Taekwondo £4,833,600 2 (1) £2,416,800 £4,833,600
Tennis £0 2 (1) £0 £0
Triathlon £5,291,300 2 (1) £2,645,650 £5,291,300
VI Judo £1,294,400 2 (0) £647,200 n/a
Volleyball £3,536,077 0 (0) n/a n/a
Water Polo £2,928,039 0 (0) n/a n/a
Weightlifting £1,365,157 0 (0) n/a n/a
Wheelchair Basketball £4,493,930 0 (0) n/a n/a
Wheelchair Fencing £552,892 0 (0) n/a n/a
Wheelchair Rugby £2,361,600 0 (0) n/a n/a
Wheelchair Tennis £809,600 2 (0) £404,800 n/a
Wrestling £1,435,210 0 (0) n/a n/a

 

Rio de Janeiro 2016

Sport Funding amount Medals won (Gold medals in brackets) Amount of funding for a medal of any colour Amount of funding for a gold medal
Archery £2,952,237 0 (0) n/a n/a
Athletics £26,824,206 7 (2) £3,832,029.43 £13,412,103
Badminton £5,737,524 1 (0) £5,737,524 n/a
Boccia £3,663,781 1 (1) £3,663,781 £3,663,781
Boxing £13,764,437 3 (1) £4,588,145.67 £13,764,437
Canoeing £20,043,618 5 (2) £4,008,723.60 £10,021,809
Cycling £30,267,816 12 (6) £2,522,318 £5,044,636
Disability Shooting £3,407,444 0 (0) n/a n/a
Diving £7,467,860 3 (1) £2,489,286.67 £7,467,860
Equestrian £17,992,600 3 (2) £5,997,533.33 £8,996,300
Fencing £4,225,261 0 (0) n/a n/a
Golf £0 1 (1) £0 £0
Gymnastics £14,615,428 5 (1) £2,923,085.60 £14,615,428
Hockey £16,141,393 1 (1) £16,141,393 £16,141,393
Judo £7,366,200 1 (0) £7,366,200 n/a
Modern Pentathlon £6,972,174 0 (0) n/a n/a
Para-Archery £2,449,947 6 (3) £408,324.50 £816,649
Para-Athletics £10,837,658 33 (15) £328,413.88 £722,510.53
Para-Canoe £3,048,816 5 (3) £609,763.20 £1,016,272
Para-Cycling £6,833,000 21 (12) £325,380.95 £569,416.67
Para-Equestrian £3,782,800 11 (7) £343,890.91 £540,400
Para-Rowing £3,834,382 4 (3) £958,595.50 £1,278,127
Para-Sailing £3,616,610 2 (0) £1,808,305 n/a
Para-Swimming £11,756,218 47 (16) £250,132.30 £734,763.63
Para Table Tennis £3,006,850 3 (2) £1,002,283.33 £1,503,425
Para-Triathlon £3,100,803 4 (1) £775,200.75 £3,100,803
Powerlifting £891,444 2 (0) £445,722 n/a
Rowing £32,622,862 5 (3) £6,524,572.40 £10,874,287.33
Rugby Sevens £0 1 (0) £0 n/a
Sailing £25,504,055 3 (2) £8,501,351.67 £12,752,027.50
Shooting £3,950,888 2 (0) £1,975,444 n/a
Swimming £20,795,828 6 (1) £3,465,971.33 £20,795,828
Taekwondo £8,052,837 3 (1) £2,684,279 £8,052,837
Tennis £0 1 (1) £0 £0
Triathlon £7,457,977 3 (1) £2,485,992.33 £7,457,977
VI Judo £2,019,874 0 (0) n/a n/a
Weightlifting £1,709,340 0 (0) n/a n/a
Wheelchair Basketball £5,379,264 1 (0) £5,379,264 n/a
Wheelchair Fencing £194,886 1 (0) £194,886 n/a
Wheelchair Rugby £3,037,607 0 (0) n/a n/a
Wheelchair Tennis £1,925,270 6 (1) £320,878.33 £1,925,270

 

Predictions for Tokyo 2020

Using the current funding figures for the Tokyo 2020 Olympic and Paralympic Games, and cross-referencing them with the sport’s most recent Olympic performance (after they’d received funding), the following are predictions for how Team GB will perform in Japan:

Sport Funding amount Predicted number of medals of any colour Predicted number of gold medals
Athletics £27,136,245 7-8 2-3
Boccia £3,993,203 1-2 1-2
Boxing £14,692,636 3-4 1-2
Canoeing £19,035,169 4-5 1-2
Cycling £25,980,427 10-11 5-6
Disability Shooting £2,485,412 No medals at Rio to compare No gold medals at Rio to compare
Diving £8,805,908 3-4 1-2
Equestrian £15,361,769 2-3 1-2
Gymnastics £16,688,060 5-6 1-2
Hockey £18,018,945 1-2 1-2
Judo £7,575,680 1-2 No gold medals at Rio to compare
Modern Pentathlon £6,649,932 No medals at Rio to compare No gold medals at Rio to compare
Para-Archery £3,495,664 8-9 4-5
Para-Athletics £11,824,489 36-37 16-17
Para-Canoe £3,709,671 6-7 3-4
Para-Cycling £7,662,052 23-24 13-14
Para-Equestrian £4,273,411 12-13 7-8
Para-Rowing £4,210,482 4-5 3-4
Para-Swimming £11,039,019 44-45 15-16
Para-Table Tennis £3,538,713 3-4 2-3
Para-Triathlon £3,913,042 5-6 1-2
Powerlifting £1,337,075 2-3 No gold medals at Rio to compare
Rowing £32,111,157 4-5 2-3
Sailing £26,231,379 3-4 2-3
Shooting £7,028,124 3-4 No gold medals at Rio to compare
Swimming £21,742,914 6-7 1-2
Taekwondo £9,959,788 3-4 1-2
Triathlon £8,127,753 3-4 1-2
VI Judo £2,391,086 No medals at Rio to compare No gold medals at Rio to compare
Wheelchair Basketball £6,292,219 1-2 No gold medals at Rio to compare
Wheelchair Fencing £668,000 3-4 No gold medals at Rio to compare

 

Sources:

http://www.uksport.gov.uk/our-work/investing-in-sport/historical-funding-figures

https://www.teamgb.com/games/sydney-2000

https://en.wikipedia.org/wiki/Great_Britain_at_the_2000_Summer_Paralympics#Medals_by_sport

https://www.teamgb.com/games/athens-2004

https://en.wikipedia.org/wiki/Great_Britain_at_the_2004_Summer_Paralympics

https://www.teamgb.com/games/beijing-2008

https://en.wikipedia.org/wiki/Great_Britain_at_the_2008_Summer_Paralympics

https://www.teamgb.com/games/london-2012

https://en.wikipedia.org/wiki/Great_Britain_at_the_2012_Summer_Paralympics

https://www.teamgb.com/games/rio-2016

https://en.wikipedia.org/wiki/Great_Britain_at_the_2016_Summer_Paralympics

http://www.uksport.gov.uk/our-work/investing-in-sport/current-funding-figures