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Olympic boxing programme secures 44% funding increase for Rio
Page last updated at 10:28AM UTC, Wednesday, 19 December 2012
The British Amateur Boxing Association (BABA) has been awarded a 44% increase in funding for the Olympic boxing programme following the unprecedented success of the team at London 2012 where it won three gold medals, one silver and a bronze to finish top of the boxing medal table.
This is good news for the Olympic programme and good news for the sport. We have a great set-up at the BABA supported by fantastic coaches and a superb back-up team of sports scientists from the English Institute of Sport.
Rob McCracken - Performance Director, BABA
The BABA will receive £13.8m for the 2013-17 cycle compared to the £9,551,400 it received for 2009-13. It is the second largest percentage increase of all of the Olympic sports funded by UK Sport.
Derek Mapp, Chairman of the BABA said: “This is a well deserved reward for the hard work of the boxers, coaches and everyone associated with the Olympic boxing programme who have delivered a period of sustained success over the last three years.
“The decision by UK Sport to increase the funding for boxing is a reflection of their confidence in the fantastic work of Rob McCracken and his team in delivering medals at major championships and putting-in-place a system to deliver long-lasting success.”
Since Rob McCracken became Performance Director of the BABA in November 2009, the men and women in the Olympic squad have won 21 medals at three European and three world championships.
At London 2012, the team won five medals at a cost of £1.9 million per medal, making it the best value for money - on a cost-per-medal ratio - of all of the sports funded by UK Sport.
Rob McCracken added: “This is good news for the Olympic programme and good news for the sport. We have a great set-up at the BABA supported by fantastic coaches and a superb back-up team of sports scientists from the English Institute of Sport. The increase in funding will enable us to build on this and ensure that we continue to create an environment that gives the boxers the best possible opportunity to maximise their talent and achieve success.”