Pentathlon News
MODERN PENTATHLON TO RECEIVE £695,000 OLYMPIC BOOSTposted by Peter Hart on12-04-2006
Modern Pentathlon will benefit from additional UK Sport investment of over £695,000 in the run up to the Beijing Olympics.
The extra funds were announced yesterday by UK Sport as part of an additional £65.3m funding package designed to help sport in the run-up to London 2012.
In total, Modern Pentathlon will receive an extra £695,000 worth of support and this has been greeted by Peter Hart, Chief Executive.
"British Pentathlon welcomes this additional funding and pays tribute to the work which UK Sport and the British Olympic Association has done to secure this vital injection of funds and is in recognition of the success that the sport has had over the last two Olympiads,†.
“This extra support will now enable us to prepare for the Beijing Olympics and more importantly begin to lay foundations for success in 2012.
Summer Olympic sports will receive an extra £58.8m in the lead up to the Beijing Olympics and summer Paralympic sports will get £6.5m.
UK Sport will review progress after the 2008 Beijing Games before deciding how funds will be allocated in the four years up to 2012.
Modern Pentathlon will receive £4,658,000 funding, from Lottery and the Exchequer, for the period 2006 to 2009, an increase of £695,000.
The moneyis part of an extra £300m that Chancellor Gordon Brown promised British sport in the run-up to London 2012 in his March Budget.
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