UK Sport to cut 25% of its staff amid financial pressure
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
Related
Olympians offer support to rising sport stars in Bucks
Everyone Active's Sporting Champions scheme is relaunching this month for the ninth consecutive year, offering up-and-coming athletes the chance to elevate
Man City: Why Pep Guardiola’s tactics stopped working amid rise…
During City's ongoing crisis Guardiola has taken to musing on tactical problems during press conferences, and a few weeks ago he hit on something particularly i
Relive Beterbiev vs Bivol 2: Boxing UK time, undercard fights,…
All smilespublished at 00:27 Greenwich Mean Time00:27 GMTImage source, Getty ImagesThat's a wrap. Thanks for joining us.A dramatic fight week - two drop outs -
Manchester United turn around ’embarrassing’ display to snatch draw at…
Manuel Ugarte’s stunning strike and an overturned penalty decision at the death helped Ruben Amorim’s Manchester United escape with a 2-2 comeback draw at D
