Members of the Association of Summer Olympic International Federations have finalised a new revenue distribution framework ©ASOIF

Swimming and gymnastics are the biggest winners and modern pentathlon the biggest loser in the new revenue distribution framework finalised by members of the Association of Summer Olympic International Federations (ASOIF) here this week.

The International Swimming Federation (FINA) and the International Gymnastics Federation (FIG) are each set to receive a 28 per cent increase over the next Olympic quadrennium in comparison with the post-London 2012 period.

This is even though the overall sum to be distributed might conceivably rise by as little as three per cent compared with the prior quadrennium and the number of recipients has increased by just under eight per cent, from 26 to 28, through the addition to the Olympic programme of golf and rugby sevens.

Paperwork circulated at the General Assembly explained that the International Olympic Committee (IOC) was reluctant to commit to distributing more than $530 million (£349 million/€488 million) to the 28 Federations, up from around $515 million (£339 million/€474 million) in the previous period.

However, it might stretch to an “exceptional contribution” to take account of the two extra sports and other details.

For that reason, the sums agreed are based on the ASOIF’s own estimate of what the total distributed will ultimately be; that is to say $550 million (£362 million/€506 million).

Even this would represent only a 6.8 per cent period-on-period increase, against a massive jump of 74 per cent, from $296 million (£195 million/€272 million) to $515 million (£339 million/€474 million), last time.

That jump reflected the near 50 per cent rate of growth achieved in the sum raised from broadcasting rights in 2009-2012.

The International Swimming Federation are set to receive a 28 per cent increase over the next Olympic quadrennium in comparison with the post-London 2012 period
The International Swimming Federation are set to receive a 28 per cent increase over the next Olympic quadrennium in comparison with the post-London 2012 period ©Getty Images

Following changes in 2013, the 28 sports are now split into five groups, reflecting the magnitude of their respective contributions to the Games.

Five sports - athletics, equestrian, handball, hockey and modern pentathlon - look set to have to get by with less IOC money than in the prior quadrennium.

Athletics - which was getting more than twice as much as any other sport as recently as the quadrennium culminating with London 2012 - will suffer the smallest cut in percentage terms (11.5 per cent) among the quintet, but the largest ($5.2 million (£3.4 million/€4.8 million) in its cash allocation.

This will leave it with $40 million (£26 million/€37 million), just 25 per cent more than the $32 million (£21 million/€29 million) allocated to the next two biggest recipients, swimming and gymnastics.

Equestrian, handball and hockey face cuts of 13.6 per cent to $15.3 million (£10.1 million/€14.1 million) each.

Modern pentathlon, which has been bracketed with the two newcomers, golf and rugby sevens, stands to receive $13 million (£9 million/€12 million) - down 15 per cent.

A full list of allocations and the change from the prior quadrennium is as follows:

Sport

Revenue allocation

Change from prior quadrennium

Athletics

$40 million

(-) 11.5 per cent

Gymnastics and swimming

$32 million each

(+) 28 per cent

Basketball, cycling, football, tennis and volleyball

$25 million each

No change

Rowing

$17.7 million

No change

Archery, badminton, boxing, judo, shooting, table tennis and weightlifting

$17.7 million

(+) 15.7 per cent

Equestrian, handball and hockey

$15.3 million

(-) 13.5 per cent

Canoeing, fencing, sailing, taekwondo, triathlon and wrestling

$15.3 million

No change

Modern pentathlon

$13 million

(-) 15 per cent

Golf and rugby sevens

$13 million

N/A

ASOIF

$2.8 million


Total

$550 million




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March 2015:
 Special ASOIF meeting to take place during SportAccord Convention to discuss Rio 2016 and Tokyo 2020
May 2013: Aquatics and gymnastics set for major financial boost at Rio 2016 after IOC announces new groupings