£7.5m Investment Announced By British Gymnastics
October 16, 2019
British Gymnastics have revealed there will be £7.5milllion of funding provided to the sport ahead of 2020.
Jane Allen, British Gymnastics CEO, said: “We know that the clubs get inundated, and [the Olympics] is a real draw card into the clubs. It inspires our staff, the clubs, and it’s a real injection into the sport and we’ve been trying to capitalising on that since 2012.
“Every club has a waiting list, we have a million children waiting to get into clubs throughout the UK. Sport England has invested over £800,000 in the facility in Lilleshall – which is now over 40 years old – and the whole gym is being refurbed and will open in January. The athletes won’t believe what they see.”
Of the 7.5million, two million will be provided by British Gymnastics themselves with other funding coming from investors and stakeholders.