Great Britain came out of the Olympics stronger. British Prime Minister Boris Johnson will increase the country’s budget for Olympic and Paralympic sports by £232 million (€272 million) in preparation for the 2024 Paris Olympics after returning from Tokyo with 65 medals, as reported by the British Prime Minister at a press conference.
The new funds will be used to train British Olympic and Paralympic athletes. The extra injection for British Olympic sport represents a 43% increase in funding received for the 2020 Tokyo Olympics.
“Athletes believe they have inspired many to start playing sport for the first time while promoting Britain’s image overseas,” said UK Sports Minister Nigel Huddleston.
UK increases funding by 43% compared to 2020 Tokyo Olympics
England will host the Commonwealth Games next year, which will take place in Birmingham. Around 778 million pounds (914 million euros) have been invested in the West Midlands region to organize the event, making it the country’s biggest sporting event since the 2012 London Olympics.
In fact, the 2012 London Olympics represented a disbursement of 10,792 million pounds (17,572 euros) for the country. and they were, until the Tokyo 2020 celebrations, the most expensive Olympics in history.
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