UK Sport, the government agency that provides funding for the British Olympic and Paralympic programme, will have to cut 25 per cent of staff jobs and 50 per cent of its directors by July.
In a statement to National Governing Bodies on Wednesday afternoon, the chief executive Sally Munday cited “unprecedented financial pressures”.
UK Sport has about 150 staff, providing funding of close to £340 million, which is sourced from the National Lottery, for Olympic and Paralympic sport.
But Munday said the high-performance agency was facing some huge challenges, with staff put on notice that some tough decisions are coming.
In an email to the governing bodies, she wrote: “We do not believe we can make a credible case to your government on your behalf
Tributes have poured in for “giant in heart and spirit” Geoff Capes, the British record-setting shot putter and two-time World’s Strongest Man champion wh
Pep Guardiola hailed Erling Haaland after the striker’s “fantastic” backheel volley in Manchester City’s 5-0 Champions League win over Sparta Prague.Haa
Erling Haaland maintained his phenomenal Champions League scoring record with two more as Manchester City eased to a 5-0 win over Sparta Prague.Phil Foden, John
Meanwhile, a group of British athletes has called on the government to find an urgent funding increase to prevent a "pending crisis".Athletes are funded through