Olympic sailing is set to receive a £24,515,072 boost for the 2013-2017 cycle.

UK Sport has announced funding allocations for all sports ahead of the Rio 2016 Game.

18 sports will receive increased support but five, including basketball, table-tennis and wrestling have had their budgets cut.

Royal Yachting Association Performance Director John Derbyshire has ‘broadly welcomed’ the funding announced for the Olympic and Paralympic sailing classes.

He said: ‘Sailing’s Olympic award of £24,515,072, as announced by UK Sport,
is broadly welcomed and will enable us to start implementing our plans
for the Rio cycle, off the back of having successfully delivered another
five medals at the Olympic Games this summer to remain one of Great
Britain’s most consistently high-performing Olympic sports.

‘Especially pleasing is the substantial increase in funding to our
Paralympic programme for this cycle. After coming home from Beijing
empty-handed for the third successive Games, the whole team worked
tremendously hard to put that right for London, resulting in a gold and a
bronze from two out of the three competing classes.

‘We’re delighted
that these efforts have been recognised by UK Sport, and will allow us
to build and develop our talent pathway to hopefully continue that
success towards Rio and beyond.

‘We’re grateful to UK Sport for their continued confidence in the RYA’s
World Class Programme, and look forward to the clarity and opportunity
that these awards now provide us with in our planning for Rio 2016 and
2020.’

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