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Olympic Games 2012: Finance

Volume 469: debated on Monday 10 December 2007

To ask the Minister for the Olympics further to the permanent secretary’s evidence to the Public Accounts Committee on Wednesday 15 November, what the Singapore commitments on mass participation sport costed in the Olympic budget are. (168213)

[holding answer 26 November 2007]: As the permanent secretary said at the recent Public Accounts Committee on 14 November 2007, the £9.325 billion funding package for the Olympic and Paralympic games reflects commitments made in London’s candidate city file, at the time of the bid, particularly in relation to construction for the games and regeneration. The candidate city file, often referred to as ‘the bid book’, is available in the House Library.

The £9.325 billion funding package for the games, includes a £290 million contribution from the sport lottery distributors, which will be invested in maximising the benefit to British sport of hosting the games, through support of elite and community sport. The key areas of investment will be:

Programmes of support for elite athletes and coaches;

Development of facilities for elite and community use; and

Community programmes/projects for clubs, coaches and volunteers, to increase participation and improve performance.

The Government will publish a legacy action plan early in the new year, that will set out our commitments for the Olympic legacy, including for participation in sport, and how they will be delivered.