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Brit Taxpayer Paid £1.09 For Each Rio Medal

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Britain secured a record medal haul in Rio, with their tally of 67 medals just surpassing the 65 claimed at London 2012. Not only was the 2016 Olympic Games the most successful overseas tournament in Team GB’s history, but it was their most successful ever to exceed all pre-Games expectations. Yet an economical debate has been triggered after it emerged that each medal won in Rio – 27 golds, 23 silvers and 38 bronzes – came at a price of £4,096,500 in National Lottery and exchequer funding over the four-year Olympic cycle.

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Sport Industry Research Centre have broken down that figure, and discovered that the success in Rio has cost each individual Briton just £1.09 per year in public funding. As Liz Nicholl, chief executive of UK Sport, explained on Sunday, “the funding is worth its weight in gold”.

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