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Basketball: British stars get Olympic funding reprieve

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(Globalpost/GlobalPost)

British Basketball celebrated on Friday after government organisation UK Sport reversed a decision to scrap funding for the sport in the run-up to the 2016 Rio Olympics.

Basketball received £8.6 million ($13.6 million, 9.9 million euros) in funding from the British government over the four years leading up to London 2012, only for UK Sport to announce in December that all funding would cease.

However, British Basketball asked its most famous player, Chicago Bulls' Luol Deng, to write to British prime minister David Cameron calling for the funding to be restored.

Deng and his British team-mates had their wish granted on Friday, as UK Sport agreed to a funding package reported to be worth several millions of pounds that will allow the sport to run an elite programme leading up to the Rio Games.

"We are absolutely delighted with the decision of UK Sport today," said the sport's performance chairman, Roger Moreland.

"They have acknowledged that we successfully presented compelling new performance data, which not only impressed the Board but made them recognise that we are potential podium contenders for 2020."

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http://www.globalpost.com/dispatch/news/afp/130201/basketball-british-stars-get-olympic-funding-reprieve