AOC seeks funding to boost prospects at home Games

May 06, 2023 03:23 PM AEST | By AAPNEWS
 AOC seeks funding to boost prospects at home Games
Image source: AAPNEWS

Australian Olympic Committee president Ian Chesterman has called for more funding if the host nation wants to succeed at the 2032 Games in Queensland.

Chesterman said at Saturday's AOC AGM that the system which produced a successful Australian campaign at the last Olympics two years ago is struggling.

"Everything is going up except the funds to run the programs and results don't come at the flick of a switch," Chesterman said in Sydney. 

"So if Australia is to have a successful team in 2032, the system, the people that took us to that success in Tokyo need nurturing now.

"While we are excited about Paris 2024, we know that campaign to qualify and the campaign at the Games themselves will be the most expensive yet."

The AOC have a $25 million budget for Paris and an extra $1.1 million in contingency for the possibility of increased air fares.

Chesterman said the AOC was increasing their financial support of Olympic sports that receive little or no government funding.

The summer sports that fell into that category will have funding boosted in the quadrennial period between Games from $100,000 to $125,000, while winter sports in that situation will have support lifted from $100,000 to $150,000 in the new quad.

Asked about the possibility of more funding coming out of next week's federal budget, Chesterman said the AOC had worked very closely with the government so they understood the need for increased support.

"We've not set the time frame of when we'll receive that boost in funding, I think everyone recognises the need to boost funding, whether it's this cycle or next cycle, we'll have to wait and see," Chesterman said.

Commenting on the ongoing war between Russia and Ukraine, and what the IOC will decide in relation to the participation of Russian athletes, Chesterman said "one senses there's still much to play out in the coming months and we do not expect this matter to be resolved any time soon."

The AOC announced four deputy chefs de mission to join Anna Meares in managing the Australian Olympic team in Paris.

All four are previous Olympians, gold medallists Ken Wallace (canoeing) and Mark Knowles (hockey), plus Bronwen Knox (water polo) and Kyle Vander-Kuyp (athletics).

The AOC and their Athletes' Commission on Saturday announced their support for the Yes vote at the upcoming referendum.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.