I have already announced that £410 million will come from non-Olympic lottery distributors, of which the Big Lottery Fund is one, from 2009. No decision has yet been made about how that amount will be allocated between individual distributors.
The Government are currently considering how the additional Olympic costs of £900 million should be met This discussion will take account of the Memorandum of Understanding between the Government and the Mayor, which provides for a sharing arrangement to be agreed as appropriate and through seeking additional national lottery funding in amounts to be agreed at the time.
No conclusions have yet been reached on the further use of lottery funding.
It was always understood when we bid that National Lottery funding for London 2012 would involve some loss of income to the non-Olympic good causes, including charities. Non-Olympic distributors may lose an average of 5 per cent. of their income because of sales diversion to Olympic Lottery games over the period 2005-06 to 2012-13. In addition, we have already announced that £410 million will be taken from non-Olympic Lottery proceeds between 2009 and 2012. No decision has been made about how that amount will be shared between the various non-Olympic good causes.
The Government are currently considering how the additional Olympic costs of £900 million should be met. This discussion will take account of the Memorandum of Understanding between the Government and the Mayor, which provides for a sharing arrangement to be agreed as appropriate and through seeking additional National Lottery Funding in amounts to be agreed at the time. No conclusions have yet been reached on the further use of Lottery funding.