UK govt to invest £232m to support 2024 Olympic, Paralympic athletes

The British government will provide 232 million pounds ($320 million) in addition to National Lottery funding to support Olympic and Paralympic athletes for the Paris Games in 2024, Prime Minister Boris Johnson said.

Asha Philip, Imani Lansiquot, Dina Asher-Smith and Daryll Neita of Britain pose after winning the bronze medal.

The British government will provide 232 million pounds ($320 million) in addition to National Lottery funding to support Olympic and Paralympic athletes for the Paris Games in 2024, Prime Minister Boris Johnson said.

The investment, which represents a 44% rise on the funding received by UK Sport in the run-up to the Tokyo Games, will be used to back aspiring athletes as well as their coaches and support staff.

The Department for Culture, Media and Sport (DCMS) investment will also support athletes and coaches targeting success at the Winter Olympic and Paralympic Games.

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Earlier this month, Team GB won 65 medals across 25 disciplines in Tokyo and finished fourth in the overall medals table. The Paralympic Games are set to begin on August 24.

"Team GB showed us the very best of this country in Tokyo - demonstrating sportsmanship, hard work and record-breaking performances," Johnson said in a statement.

"This increased funding will support Team GB to deliver their best possible performances in three years' time in Paris."