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Business Response provides hope to 2012 Water Polo
A "significant" private sector contribution has been made to the sport of water polo following yesterday's announcement by UK Sport that it was one of eight Olympic sports yet to receive a funding allocation to 2012.
British Swimming today received a commitment, from a financial services business, of an undisclosed investment into water polo as the sport strives to be competitive in 2012.
The contribution has been well received by British Swimming Chief Executive David Sparkes who is calling on the business community to help ensure Britain's sports men and women have the chance to represent their country at a home Olympics.
"I'm delighted with this strong gesture of support and hope the British public, water polo community, sporting fans and British businesses will come to our aid at this difficult time," said Sparkes.
"This is a significant sum, and is very appreciated, but on it's own it will not get the job done. However, if we can attract other companies to make similar offers we can keep this important water polo programme and develop strong teams for the London Olympics rather than losing out due to a lack of funding.
"With a number of other offers similar to this we can make sure the development of water polo continues and gives us every chance for London 2012."
This contribution to water polo will help towards the development of both the men's and women's teams, coaching staff required, training facilities and the programme as a whole.
"This offer came completely out of the blue," explained Sparkes. "This company isn't looking for commercial benefits from this deal they're simply anxious to see Britain's athletes and the water polo teams properly prepared for the challenge awaiting them in London 2012."
Water polo missed out on individual funding allocations unveiled yesterday by UK Sport.
However, UK Sport is committed to working with water polo over the coming weeks to try to identify further available funding to supplement a basic level through to 2012. Funding levels for water polo and each affected sports will be revisited in January.